mmph Delta lookin thicc
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Navistar International Corp

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I don't know and it doesn't really matter to me as I didn't invest in DJT and they don't own enough BTC to worry about. But MSTR is a liability to BTC due to them being the largest corporate owner and one that has massive debt that is solely reliant on passive asset prices. An asset that doesn't have enough liquidity to sustain a massive margin call from MSTR. I sold out of MSTR when they got to big and even sold the majority of my BTC knowing they would likely follow the fate of pre-ETF GBTC (negative NAV and eventual restructuring). And that restructuring won't have the investor protections the GBTC Trust had, so who knows what hand investors/lenders will be dealt should prices drop further. Unfortunately Saylor will still be a guaranteed billionaire.
why? i can tell you 2 precicse reasons: A) because you do get margincalled with your port, MSTR not. B) and this is crucial: currently you have a discount to its NAV, actually. you can buy 1 bitcoin for 0.2 bitcoin. Same thing applied for 3 years onto GBTC and ETHE etfs lol. you couldnt sell them - but you could buy them. For reasons that are still very unclear to me this was open so long and you allowed us guys to bargain a 30% discount lol. so.. if you believe MSTR is gonna make it: well, nice buy right now
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