Perhaps, what Chad Saylor probably could do is actually SELL some Bitcoin to buy back MSTR stock to put it back at par in NAV, then let the market set price discovery for the stock relative to NAV?
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Saylor selling btc to buyback shares is the exact opposite of what he has been doing for all that time since he started his bitcoin journey.
Although, it's probably in the interest of the shareholders of Strategy, no?
OR, they could probably borrow against the company to buy MSTR stock because it's in a discount against NAV?
His core strategy is to dilute shares and buy btc. Since bitcoin always goes up, he believes he cannot lose. No matter how many shares he prints to buy btc, btc will keep going up and he will make even more money. He is leveraged and the more leveraged he gets the bigger the potential prize becomes.
Is there a limit?
Apparently no.
He is fighting for us.
He is a CHAD for doing the way he invests in Bitcoin, but fighting "for us"? The PLEBS? Laughable. He's merely buying Bitcoin for the company as an investment.
Before you know it, bitcoin will be at 1 billion usd or maybe 1 trillion. Who is going to stop him? A few angry shareholders? Dont make me laugh.
I'm not sure what their corporate structure is, but it won't be the first time that a founder of a company has been fired by the board of his own company.
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