“these companies can borrow money to buy bitcoin at much cheaper rates than you or me”
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Replies (14)
I think I’ll just back up the truck and buy the #Bitcoin myself
There’s no principle bro.
#Parasites
WAFFLES, BUY WALLFES
Michael Saylor school...
When Strive sells SATA they're not borrowing money. They don't have to pay it back
Hey @ODELL ,
Are you tempted to buy some ? Or you already have some ?
nope, would rather own bitcoin
🎯
Perpetual preferred stock is fundamentally different than debt
How is 21 doing?
This makes BTCI seem safer somehow
Volatility is extremely painful, I am sure you still feel that too.
Why not put 3-5% of your total wealth in it and have a financial instrument that pays 12% with no volatility ?
once later comers show up they lower the debt interedt down to FedFunds rate. All of it. So yeah will be the cheapest.