PeePee's MSTR puts YOLO

Rationale:

  • Buy the rumor, sell the news
  • GBTC will bleed out almost all of its 620k ($29 billion) bitcoin if converted to an ETF - massive selling pressure on bitcoin when it starts trading
  • MSTR trades at a ~60% premium to NAV, which I think moves to a discount to NAV once there are better publicly traded alternatives
  • The dumbest people I know are buying MSTR because they think btc will moon after ETF approval

PEE PEE OUT

https://preview.redd.it/zbs1glz5lgbc1.jpg?width=742&format=pjpg&auto=webp&s=c874eec99e59a53dba6814c000ca7d700f7f2984

https://preview.redd.it/cxok3tl7lgbc1.jpg?width=701&format=pjpg&auto=webp&s=86bdba91ec608fc068b5fdfcea3e08d303a613b9