Enough.
Jeff may be right, Jeff may be wrong. But he’s definitely pounding the pavement relentlessly because it’s getting him attention.
This is the same guy who famously doubled down on LUNA and UST with investor money at $24, halfway into the collapse.
Hours after they did their “due diligence” and decided to go all in LUNA, it was trading at… $1.
I was very happy to have entirely avoided LUNA… until they sent their investors (me) that letter.
It was one of the most spectacular and avoidable blowups imaginable.
Sometimes people who live in glass houses shouldn’t throw stones.
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Just about any company can raise money at 11.5% if they wanted to... they simply don't, because that's an incredibly high hurdle rate to overcome, no matter what you do with the money.
Just because $MSTR calls this innovative doesn't make it smart. Sure, BTC could go up more than 11.5% per year. It also may not.
But every company COULD do this. They could buy assets with the proceeds, or they could reinvest in their business, or they could even buy back their own stock. Many of these investments would outperform BTC. But again, no one does this, because 11.5% is a massive hurdle rate.
The @vultisig and @StationWallet team is shipping like mad mans!
Recently added $LUNA and $LUNC staking on the core apps to be on-par with the station wallet and @SwapKitPowered got integrated.
Shipping mode 🛳️
So much more to come for $VULT! https://t.co/3QMFb89JKW
Longs are entering $LUNA2!
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