I love @CITADEL WIRE.
But, @ODELL, I liked your "good morning" posts more. The PV vibe of inclusive community lifting a middle finger to the centralized world every morning, putting a smile on people's faces, reminding them of the good in the world, was spiritually superior. It drove your presence and brand to new heights.
Maybe you could spin up a bot to post a good morning vibe daily. And if it could also curate a music link, and maybe randomly scatter a few zaps to those that reply, ahh ... ๐ค
I would bet that this bot will have e more followers than Citadel Wire, in no time -- which, if true, would show @jack that he was wrong to encourage you to give up the GM posts in favor of news content.
Dont let Jack be right!
๐
Toby McMann
npub1elqf...xw9h
Bitcoin enthusiast | Nostr only
Nosce te ipsum
Strategy is, effectively, a leveraged closed end fund. Most closed end funds trade at a discount to NAV.
If we can assume a good chance that, all else equal and over time, that Strategy will also trade at a discount, then issuing common to pay preferred dividends is dilutive and not a good long term solution.
If issuing debt also makes the matter worse (by increasing interest expense or diluting the common), they will need to either sell bitcoin, get active in the options markets, and/or start earning yield by lending their bitcoin.
I suspect Strategy will become the world's biggest lender of bitcoin.
Hope everyone is having a great day.
What is your most underrated band / musician over the last 30 years?