Nathan on Nostr: In than podcast episode, Phong Le, $MSTR’s President and CEO, makes pretty much the ...

In than podcast episode, Phong Le, $MSTR’s President and CEO, makes pretty much the same argument I make here about $STRK. https://pca.st/episode/9646fd73-50ad-49b8-9389-8ec331b12931

quoting
nevent1q…fe00

STRK may be the greatest vehicle I’ve ever seen for normies to easily manage the transition from our fiat system to a world on a bitcoin standard, *especially* if they are retired.

Hell it could help me.

Imagine someone handed me $1.5M today and that was all the assets I had. I could buy STRK for $85.25 netting me 17,595 shares. But let’s call it 17,590 as you want to buy it in buckets of 10 because of the convert. That means I’m generating $140,720 pre-tax & $126,623 post tax.

You could retire on that if you wanted. And if you’re smart, you’re spending less than you make and putting the excess into BTC or more STRK or something.

As you head into the future though, we get closer and closer to being on a bitcoin standard. By that point it should be easy to convert.

If you converted it all, it would be 1,759 shares of MSTR common stock. The *current* amount of Bitcoin that represents is 2.87482. It will obviously be more than that when you convert.

What other vehicle exists like this? It’s insane.