Ryan (@ryquant) 's Twitter Profile
Ryan

@ryquant

$MSTR. NFA

ID: 1873600391562108928

calendar_today30-12-2024 05:22:03

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On the “D” Word We would need to see meaningful negative correlation between stocks and bitcoin over a period of time such as 90 days at least, to make this claim. Real correlation tests involve trailing 90-900 days, such as in Christopher Cole’s paper:

On the “D” Word

We would need to see meaningful negative correlation between stocks and bitcoin over a period of time such as 90 days at least, to make this claim.

Real correlation tests involve trailing 90-900 days, such as in <a href="/vol_christopher/">Christopher Cole</a>’s paper:
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Growth-Tech-Software PubCo Valuations: $COIN at 45x Earnings $TSLA at 188x Earnings $PLTR at 556x Earnings $MSTR is at 7x Earnings, and 30x does not seem unreasonable, given the primary comps in this space, and because **Strategy is growing BTC per Share YoY at 30%.**

Growth-Tech-Software PubCo Valuations:

$COIN at 45x Earnings
$TSLA at 188x Earnings
$PLTR at 556x Earnings

$MSTR is at 7x Earnings, and 30x does not seem unreasonable, given the primary comps in this space, and because **Strategy is growing BTC per Share YoY at 30%.**
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thinker $MTPLF I was buying from 2.51 to 4 and change While I have regrets for not going harder, I've never personally experienced this in an equity. Rather, this is what $TSLA and $MSTR options felt like at their apex. I've seen stocks in certain industries move likes this (tripling

<a href="/thinker21mil/">thinker</a> $MTPLF I was buying from 2.51 to 4 and change

While I have regrets for not going harder, I've never personally experienced this in an equity. Rather, this is what $TSLA and $MSTR options felt like at their apex.

I've seen stocks in certain industries move likes this (tripling
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swissbtc🇨🇭 thinker Meta Planet Project Agreed, although this is tricky to interpret through a US lens Wen the US had big spikes in rates, equities sold off (all of 2022, and Oct 2023) I’m now realizing the difference between US and non US countries as it pertains to response function for rates And also, the

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$MSTR Here's the reality: Torque. The equity ATM is misunderstood by many. The objective is to acquire as much bitcoin as possible during the gold rush period of the next 10 years, and disproportionately benefit from being the world's largest holder of bitcoin.

$MSTR Here's the reality: Torque.

The equity ATM is misunderstood by many.

The objective is to acquire as much bitcoin as possible during the gold rush period of the next 10 years, and disproportionately benefit from being the world's largest holder of bitcoin.
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$MSTR priced in $IBIT Review -MSTR up 215% since BTC ETF Launch -Current level above March 2024 high -Nonlinear up moves, followed by a range To suggest that Strategy's execution (including ATM activity) has been disappointing, is to be divorced from reality.

$MSTR priced in $IBIT Review

-MSTR up 215% since BTC ETF Launch
-Current level above March 2024 high
-Nonlinear up moves, followed by a range

To suggest that <a href="/Strategy/">Strategy</a>'s execution (including ATM activity) has been disappointing, is to be divorced from reality.
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FinTwit would be an order of magnitude greater if people: (a) stopped using the word "you" in terms of an implied meaning of what others should do (b) stopped interpreting everything as personalized financial advice for themselves (c) use the site as open source research

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One of the core ideas of the long tail of human history is that, the hardest form of money disappears from circulation relative to weaker forms, and the purchasing power of stronger money increases in absolute & relative terms. Because of this transparent incentive structure,

One of the core ideas of the long tail of human history is that, the hardest form of money disappears from circulation relative to weaker forms, and the purchasing power of stronger money increases in absolute &amp; relative terms.

Because of this transparent incentive structure,