Wilfred Toadflax
@WToadflax
Big fan of @Croesus_BTC's new P/BYD ratio. Here's a quick chart showing the ratio for SWC since IPO – nice and consistent, and if anything, dropping!
Really is amazingly consistent across the scale from ₿2.3–₿1825
Updated (and corrected) 30d chart:
Updated (and corrected) 30d chart:
To honour Jesse's @Croesus_BTC work, I've decided to calculate SWC's P/BYD ratio after today's Bitcoin buy. So, using the formula with mNAV at 3.67 and the 30 day BTC yield at 189%... y = ln(3.67) / [12 × ln(2.89)] ≈ 1.299 / 12.732 ≈ 0.102. P/BYD = 0.102 This is roughly 36…
Longest gaps between SWC bitcoin purchase announcements: 🥇 16/7–present: 8d 5h 21m 🥈 30/4–7/5 and 24/6–1/7: 7d 🥉 7/5–14/5: 6d 23h 59m 😆 Relax, the boss is cooking something up, or on holiday, or both
Very thought-provoking post. The key insight is having a new, separate entity. Perhaps it's a white-labelled account with a major bank. Whatever it takes for normie retail cash investors to see it listed on Money Saving Expert. Eventually BTC instruments will capture this.
Introducing “Smarter Money” 🧵 A retail focused brand/business that packages up the $SWC BTC backed prefs and sells them to the public in a platform (website and app) that they understand. No trading account needed, just transfer money to the app/website and see your money grow…
Obviously the whole question with P/BYD (and part of the value of it) is what period to choose for the yield delivered – here's the rolling 30 day chart, still a very low ratio
Anyone got any good resources/thoughts on what happens to MSTR next year, assuming BTC has an overvalued peak at the end of this year and then a drawdown throughout 2026? In particular, will Saylor be able to continue accumulating when price and sentiment are down?
'I worry about retail investors like @PunterJeff' 🤣 Rewind a few minutes… he's up 3000%!!
> Sold some $MSTR yesterday > Bought some $CEP > Sold the $CEP today > Took profits and bought more $MSTR
Live on your podcast app this morning: Shadow Elders in the Church podcasters.spotify.com/pod/show/backw…