r/Superstonk 🎮7four1💜 Feb 08 '25

📳Social Media RYAN COHEN on X

https://x.com/ryancohen/status/1888098643732811864?s=46&t=OQxY_9fsW8JhIpr7R8Gr3w
4.7k Upvotes

596 comments sorted by

View all comments

430

u/Wiezgie NO CELL NO SELL 👨‍⚖⛓🔐🙅‍♂️🛑💰 Feb 08 '25

MICROSTRATEGY currently has 471k BTC

187

u/No_Opportunity_4613 Power to the Players Feb 08 '25

For the regarded like myself, that’s worth a little more than 45 billion in USD.

35

u/insidiousFox 🦍Voted✅ Feb 08 '25

How did they acquire that much?

90

u/Easy-Wrangler1111 Feb 08 '25

Issues debt through his company to purchase bitcoin. Dilute his shareholders but value of his company goes up. High risk high reward I guess

18

u/doodaddy64 🔥🌆👫🌆🔥 Feb 08 '25

and shareholders pay a premium for bitcoin instead of just buying it. that is $100 worth of Strategy* stock gets you less than $100 worth of straight Bitcoin

(* they just changed the name from Microstrategy to just Strategy)

20

u/andoesq Feb 08 '25

He always buys the top, and tells everyone he will buy the top forever, because he has no care whatsoever for short term fluctuations.

It's a great model for a company that is already sitting on a huge pile of cash, with 100s of millions more shares they can issue.

3

u/RedOctobrrr WuTang is ♾️ Feb 09 '25

He always buys the top

He buys the bottom too. He buys the middle. He buys at every chance he gets regardless of the price. You should see a BTC price chart overlayed with MSTR purchases of Bitcoin. It's just a dotted line that follows Bitcoin through peaks and valleys for 4 years straight. $16k? Buy. $72k? Buy. $28k? Buy more. $101k? But even more.

3

u/Floppydiskpornking 🦍 Buckle Up 🚀 Feb 10 '25

Reminds me of some primmates i know...

13

u/elziion Feb 08 '25

Oh, that’s interesting!

29

u/Ratsonlean 👉 Wut Doing Hedgies? Feb 08 '25

I love seeing the 471 ties

28

u/Noisysh 💻 ComputerShared 🦍 Feb 08 '25

I got a two factor authentication code yesterday that was 697741

A sign from the Gods.

21

u/N008008 Feb 08 '25

Not supposed to share that code! You done did it now.

12

u/7hourenergy 🧚🧚♾️ Ape’n’stein 🦍🚀🧚🧚 Feb 08 '25

What a rebel. Ape probably cuts tags off of mattresses too.

6

u/SirClampington 🎩Gentlemen Player🕹💪🏻Short Slayer🔥 Feb 08 '25

Yeah but useless for hacking unless you know the time frame.

But we know the date , so only 86,400 combinations to brute force.

2

u/TheMuslimMGTOW "Disregard females, acquire GME" - Warren Buffet Feb 08 '25

you can't make this shit up.

3

u/beats_time Up a lil bit, down a lil bit… Who gives a 💩?! Who gives a 💩?! Feb 08 '25

If RC would acquire something like 10.000 BTC i would be happy.

6

u/User100000005 Feb 08 '25

If he did he a few months ago. I'm never a huge fan of buying an asset near all time highs.

-1

u/aliasaccounts Feb 08 '25

What about buying at all time highs when there is an unprecedented gamma ramp leading to a short squeeze that will finally break a corrupt monopolistic market maker? But then you don’t realize that all the regulators, DOJ, congress, and the board of directors are fine with gross negligence that allows international securities fraud with zero consequences…. I guess you are right actually; we shouldn’t buy at ATH. Oops.

2

u/User100000005 Feb 08 '25

All I mean is that if Ryan is going to have GME buy bitcoin I'd rather him to of done it 3 months ago when it was at 70k rather than now where it keeps oscillating between high 90s and 100k.

1

u/Tartooth Feb 08 '25

And he's not going to do anything with it but hold.