We’ve all seen how Michael Saylor famously crashed MicroStrategy ($MSTR) back in the dot-com era thanks to wild financial engineering and aggressive bets.
With how things are being played out with $MSTR now, is it really possible for Saylor to single-handedly crash his stock once more time like the old days?
Is Saylor about to crash MSTR again or is it different this time because of Bitcoin?
byu/alkjdasoad inwallstreetbets
Posted by alkjdasoad
27 Comments
I sure hope so. Preferably before Friday
I hope not. At least not before Friday
I don’t care. It’s almost Friday
God i hope he will wait untill Friday if he decides to crash it
Different this time because of Bitcoin. Expect major volatility though, stock will get crushed multiple times and recover with bitcoins help
“Friday, Friday, gotta get down on Friday…” 🎶
He got a call from the Bogs! The order is to crash MSTR and the crypto market with no survivors!
This stock right now fits the definition of a ponzy to a T, imo.
Depends. Will we run out of greater fools?
Maybe he’s trying to crash it into an iceberg so it sinks like the titanic….like the meme he posted the other day where he was alone on the life raft and everyone else was going to die.
I still don’t understand how microstrategy even makes money purely off buying BTC. Like, he plans to just buy up all the BTC ever minted and then he’s like “we own every sat ever made, we win the stock market”.
Like what the fuck is the strategy here?
https://preview.redd.it/s26ve6kni42g1.png?width=1024&format=png&auto=webp&s=3ec3d7869187e67db532122a2791f0857b95cd7d
Yes
Wsb has become exclusively mstr crash and bubble posts
https://preview.redd.it/88s93y19k42g1.jpeg?width=687&format=pjpg&auto=webp&s=6764a14086d1283a1fadfad1f83b0b0592eb14e9
Bitcoin won’t fail.
MSTR is taking money from retail to provide liquidity to the billionaires offloading their bitcoins without crashing the market once all is said and done saylor will move on to his next shtick with his billions
About to crash? Its down over 50% since July. Isnt that already a crash?
Pretty much close to zero since the money he raised to buy bitcoin was equity from MSTRs market cap and his preferred stocks. The only wrench is his convertible note offerings which from what I know can be renegotiated with better terms.
Worst case scenario bitcoin drops so hard that he loses credibility with his preferred shares when he can’t pay them the dividends. The stock would drop hard if bitcoin were to go under a recession like crash but they would still be solvent.
MSTR isn’t a company anymore bro, it’s just Saylor’s 3x BTC position with paperwork attached.
Well if he did not swap his shares into derivatives for cash, he might crash his stock shorting and then buy the dip.
And…what can we do here?
1) short at current price?
2) or buy the dip at $100, $50?
I thought I read btc at 70k puts saylor under water… that would cause a crash
Do they sell covered calls on it? I specifically bought a bunch of MSTR just to sell CCs for income. Made my mortgage “free” every month. I turn around and put the same dollar value in QQQM and VXUS.
Yeah MSTR has crashed, but my cost basis now is effectively in the low $100s, so *shrug*
If corn drops to the 70k’s range he’ll literally shit bricks lol
https://preview.redd.it/rw6zwhnmv42g1.jpeg?width=1320&format=pjpg&auto=webp&s=6084bd59b1c8dc29ca02fef3c1cbc873a013bfad
I’d prefer the rest of the market to not crash, I just want MSTR to go to 0, but I will suffer through it if I must.
Well he did meme about it so I will say yes