RunnerXBT Insights
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Market thoughts/commentary of @RunnerXBT
Serious topics only - no shitposting or memes

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im not gonna go into crazy detail because last time I did, they had me go on 2 month mental health break from twitter but the basic premise is

while they (VCS/insiders) invest at 20m/50m/100m seed rounds and us mere plebs get to buy at 3b FDV on Centralized Exchanges while they do absolutely nothing yet get special treatment from everyone

🤷‍♂️ happy sunday
somebody shill me a next big VC-infested hyped launch
if its hyped and you are starting to believe that this time might be different

just know you are 990th guy for Bonnie Blue that day
Haseeb (dragonfly VC) is first for the day, but wants you to know why being 990th isnt that bad (please buy my bags)
see, I know, me ranting again changes absolutely nothing

I just hope that more and more people learn with each “hyped” scam going to zero in span of weeks so that every single person is here to milk this dying corpse of industry as much as possible to the last drop of milk

#MeToo
okay to be less negative for a change

BTC has very sus price action in certain time-slots, I wonder wich Digital Asset Treasury (DAT - Saylor copycats) will file for bankrupcy first

Feels like headline like that is coming any day now

generally you dont have BTC.D dumping on big red BTC days like today, this is BTC-specific selling
Forwarded from infinityhedge
Strategy - Establishes USD Reserve of $1.44 Bln for Dividends - SEC Filing
goddamn Saylor’s Alphabet soup (STRC…) not looking good eithrr
Forwarded from infinityhedge
Strategy today announced that it has established a USD Reserve of $1.44 billion to support the payment of dividends on its preferred stock and interest on its outstanding indebtedness (“Dividends”). The USD Reserve was funded using proceeds from the sale of shares of class A common stock under Strategy’s at-the-market offering program. Strategy’s current intention is to maintain a USD Reserve in an amount sufficient to fund at least twelve months of its Dividends, and Strategy intends to strengthen the USD Reserve over time, with the goal of ultimately covering 24 months or more of its Dividends. The maintenance of this USD Reserve, as well as its amount, terms and conditions, remains subject to Strategy’s sole and absolute discretion and Strategy may adjust the USD Reserve from time to time based on market conditions, liquidity needs and other factors.
1.4b reserves is ~2 yr of divident payments
the fact that this is even a headline makes me a little uneasy

dilluting risk / not very reasurring headline to say the least
Forwarded from infinityhedge
Microstrategy's Strategy to Fund USD Reserve: INFINITYHEDGE

Above 1x mNAV:
*Issue Common Equity

Below 1x mNAV:
*Sell Bitcoin
*Sell Bitcoin Derivatives
like what type of Red dildo is upon us, the monent a singular satoshi is sold by Saylor
Dont worry Saylor will sell BTC to buy Monad

(probably Haseeb from Dragoncuck capital)
Bitcoin will be just fine, with or without Saylor

have a great weekend everyone (i am aware its Monday)
sorry for the shitposts, serious post now.
I do expect massive ETF outflows because Saylors game is clearly "gone"

a BTC strategy company has built a USD reserve so that they can pay their debt obligations

There is zero logical reasons to be long MSTR, any copycats or any of Saylors shitty product, I can see a world where lots of people longed IBIT since they seen how good MSTR did

all this is dead.