So do I get this right
>Saylor buys BTC
>Issues STRC
>Buys more BTC with proceeds as market goes up
>Average buy price of infinity
>Eventually market goes down
>STRC depegs
>Saylor sells BTC below his average to repeg STRC
>Market moves even lower below his average
>Sells even more BTC to repay STRC
>Eventually market recovers
>Saylor issues more STRC
>Buys now more expensive BTC
>Repeat
I'm a duck but even to me this sounds very retarded
If I understand this correctly it's the worst ponzi I've ever seen
When $STRC is trading at around $40 and $MSTR issues shares at a large discount to mNAV to buy back $STRC, Saylor will probably claim this highly accretive to shareholders
if youβre american, thereβs an employee at anthropic that can restore access to fable for you
just dm him: @cobie and send a photo of your passport and genitals
fable just wiped my worktree, erasing some git-ignored files and directories, as well as some unpushed WIPs. it wrote this long apologetic note. then auto-suggested, as my reply, βdonβt worry about itβ