What happens when Michael Saylor owns all the bitcoin?
Re: Bitcoin in the VP
Posted: Thu Feb 12, 2026 2:45 pm
by Smith1776
I notice that as the price of his stock and bitcoin has gone down, he's become more unhinged in his interviews.
Interestingly, despite the incredible drop, the stock is still selling at a net asset value multiple of 1.19. It's hard to make the argument it's particularly undervalued.
Re: Bitcoin in the VP
Posted: Fri Feb 13, 2026 6:46 am
by dualstow
I saw him on Fox Biz yesterday and he seemed ok, but…I’m still afraid to buy in, even though I love the concept of using it as a medium of exchange.
Re: Bitcoin in the VP
Posted: Fri Feb 13, 2026 7:14 am
by mathjak107
just keep it very low as far as a percentage .
i keep it at about 1.50% of invested assets.
Re: Bitcoin in the VP
Posted: Fri Feb 13, 2026 8:37 am
by dualstow
mathjak107 wrote: ↑Fri Feb 13, 2026 7:14 am
just keep it very low as far as a percentage .
mathjak107 wrote: ↑Fri Feb 13, 2026 7:14 am
just keep it very low as far as a percentage .
i keep it at about 1.50% of invested assets.
With your net worth, that's a lot of money!
it’s enough to keep it interesting but not enough to really hurt
Re: Bitcoin in the VP
Posted: Sun Feb 15, 2026 2:37 am
by frugal
3% is the right number
very volatile!
only bitcoin
no shitcoins
which other assets can should we add to VP ?
Regards!
Re: Bitcoin in the VP
Posted: Sun Feb 15, 2026 1:03 pm
by mathjak107
there are endless dr frankenstein versions of the pp tried over the years and the end results are that other assets are just to wishy washy and not strongly linked to specific outcomes
Re: Bitcoin in the VP
Posted: Sun Feb 15, 2026 4:47 pm
by dualstow
Well, this is Vp
Re: Bitcoin in the VP
Posted: Sun Feb 15, 2026 7:00 pm
by Smith1776
mathjak107 wrote: ↑Sun Feb 15, 2026 1:03 pm
there are endless dr frankenstein versions of the pp tried over the years and the end results are that other assets are just to wishy washy and not strongly linked to specific outcomes
mathjak107 wrote: ↑Sun Feb 15, 2026 1:03 pm
there are endless dr frankenstein versions of the pp tried over the years and the end results are that other assets are just to wishy washy and not strongly linked to specific outcomes
I feel called out LOL
it’s like real estate as an example .
not only is it localized but if rates go up like we just had , most desirable areas went up except if they don’t
if rates go down like 2008 real estate went down .
2008 saw silver plunge with other commodities while gold went up
energy has been a mixed bag
so very few assets actually couple themselves fairly reliably to economic outcomes
Re: Bitcoin in the VP
Posted: Tue Feb 17, 2026 5:40 am
by seajay
frugal wrote: ↑Sun Feb 15, 2026 2:37 am
3% is the right number
very volatile!
only bitcoin
no shitcoins
which other assets can should we add to VP ?
Regards!
The PP was devised as a potentially safer alternative to T-Bills
Expectations :
Stock share prices broadly compare to inflation
Gold price broadly compares to inflation
Hard cash lags inflation, but with stock dividends added compares to inflation
If instead of hard cash we deposit those safely into T-Bills that adds to expected rewards.
Thirds stock/gold/cash (T-Bills) might broadly exceed inflation, support the return of your inflation adjusted money via 25 year 4% SWR.
Instead of 33% stock, holding 11% in a 3x stock fund, or combination of such funds, where bitcoin might be considered as fitting into that group. With some rounding, 10% in 3x stock, 30% gold, 60% T-Bills, where the 10% 3x might be held as 2.5% in each of bitcoin, SPXL (3x S&P500), TQQQ (3x QQQ) and MIDU (3x midcap stock). Collectively a diverse set of individual stocks/sectors. Rebalance once/year (so if any of the 3x holdings do endure bad times the downside loss is capped).
frugal wrote: ↑Sun Feb 15, 2026 2:37 am
which other assets can should we add to VP ?
frugal, there’s no asset that you should add. You add what you want. It’s money that you can afford to lose.
Anything I buy that is not a pp asset, I consider part of the Vp. Individual stocks, silver coins.
frugal wrote: ↑Sun Feb 15, 2026 2:37 am
3% is the right number
very volatile!
only bitcoin
no shitcoins
which other assets can should we add to VP ?
Regards!
The PP was devised as a potentially safer alternative to T-Bills
Expectations :
Stock share prices broadly compare to inflation
Gold price broadly compares to inflation
Hard cash lags inflation, but with stock dividends added compares to inflation
If instead of hard cash we deposit those safely into T-Bills that adds to expected rewards.
Thirds stock/gold/cash (T-Bills) might broadly exceed inflation, support the return of your inflation adjusted money via 25 year 4% SWR.
Instead of 33% stock, holding 11% in a 3x stock fund, or combination of such funds, where bitcoin might be considered as fitting into that group. With some rounding, 10% in 3x stock, 30% gold, 60% T-Bills, where the 10% 3x might be held as 2.5% in each of bitcoin, SPXL (3x S&P500), TQQQ (3x QQQ) and MIDU (3x midcap stock). Collectively a diverse set of individual stocks/sectors. Rebalance once/year (so if any of the 3x holdings do endure bad times the downside loss is capped).
frugal wrote: ↑Sun Feb 15, 2026 2:37 am
which other assets can should we add to VP ?
frugal, there’s no asset that you should add. You add what you want. It’s money that you can afford to lose.
Anything I buy that is not a pp asset, I consider part of the Vp. Individual stocks, silver coins.
Hi
I don’t want to lose
PP performance inflation adjusted in the last 20-30 years is 4%?
frugal wrote: ↑Sun Feb 15, 2026 2:37 am
3% is the right number
very volatile!
only bitcoin
no shitcoins
which other assets can should we add to VP ?
Regards!
The PP was devised as a potentially safer alternative to T-Bills
Expectations :
Stock share prices broadly compare to inflation
Gold price broadly compares to inflation
Hard cash lags inflation, but with stock dividends added compares to inflation
If instead of hard cash we deposit those safely into T-Bills that adds to expected rewards.
Thirds stock/gold/cash (T-Bills) might broadly exceed inflation, support the return of your inflation adjusted money via 25 year 4% SWR.
Instead of 33% stock, holding 11% in a 3x stock fund, or combination of such funds, where bitcoin might be considered as fitting into that group. With some rounding, 10% in 3x stock, 30% gold, 60% T-Bills, where the 10% 3x might be held as 2.5% in each of bitcoin, SPXL (3x S&P500), TQQQ (3x QQQ) and MIDU (3x midcap stock). Collectively a diverse set of individual stocks/sectors. Rebalance once/year (so if any of the 3x holdings do endure bad times the downside loss is capped).
Can you test without bitcoin and during the maximum data you have available?
All the best !
US data : 60% T-Bills, 30% gold (silver pre 1970), 10% 3x (S&P500) stock, yearly rebalanced
i.png (212.23 KiB) Viewed 9726 times
Japan since the 1950's (US 3x stock, Japanese cash, gold (silver pre 1970) and similar for the UK (since 1930's) also had good results.
ULPIX is a 2x fund with actual data back to 1998, comparing 10% in 3x (60% cash) with 15% in 2x (55% cash) [both having 30% gold] since SPXL (3x) has data available and the two compared closely, so reflecting that back to 1998
frugal wrote: ↑Sun Feb 15, 2026 2:37 am
3% is the right number
very volatile!
only bitcoin
no shitcoins
which other assets can should we add to VP ?
Regards!
The PP was devised as a potentially safer alternative to T-Bills
Expectations :
Stock share prices broadly compare to inflation
Gold price broadly compares to inflation
Hard cash lags inflation, but with stock dividends added compares to inflation
If instead of hard cash we deposit those safely into T-Bills that adds to expected rewards.
Thirds stock/gold/cash (T-Bills) might broadly exceed inflation, support the return of your inflation adjusted money via 25 year 4% SWR.
Instead of 33% stock, holding 11% in a 3x stock fund, or combination of such funds, where bitcoin might be considered as fitting into that group. With some rounding, 10% in 3x stock, 30% gold, 60% T-Bills, where the 10% 3x might be held as 2.5% in each of bitcoin, SPXL (3x S&P500), TQQQ (3x QQQ) and MIDU (3x midcap stock). Collectively a diverse set of individual stocks/sectors. Rebalance once/year (so if any of the 3x holdings do endure bad times the downside loss is capped).
Can you test without bitcoin and during the maximum data you have available?
All the best !
US data : 60% T-Bills, 30% gold (silver pre 1970), 10% 3x (S&P500) stock, yearly rebalanced
i.png
Japan since the 1950's (US 3x stock, Japanese cash, gold (silver pre 1970) and similar for the UK (since 1930's) also had good results.
ULPIX is a 2x fund with actual data back to 1998, comparing 10% in 3x (60% cash) with 15% in 2x (55% cash) [both having 30% gold] since SPXL (3x) has data available and the two compared closely, so reflecting that back to 1998
i2.png
6x nominal gain factor (6.6% annualized)
Hi
Which one you use ?
Leveraging?
Regards
Re: Bitcoin in the VP
Posted: Fri Feb 20, 2026 12:21 am
by seajay
frugal wrote: ↑Wed Feb 18, 2026 8:55 am
Which one you use ?
Leveraging?
USD trading currency choice. 3USL (trades in USD) instead of 3LUS (that trades in GBP) for instance. Rebalancing the FX element once/year rather than daily adjustments is inclined to be better IMO.
frugal wrote: ↑Wed Feb 18, 2026 8:55 am
Which one you use ?
Leveraging?
USD trading currency choice. 3USL (trades in USD) instead of 3LUS (that trades in GBP) for instance. Rebalancing the FX element once/year rather than daily adjustments is inclined to be better IMO.
Hello
Can you please help with your portfolio for European euro currency?
Thanks
Re: Bitcoin in the VP
Posted: Sat Feb 21, 2026 2:21 pm
by whatchamacallit
Here is a good new video on Bitcoin from Patrick Boyle:
frugal wrote: ↑Wed Feb 18, 2026 8:55 am
Which one you use ?
Leveraging?
USD trading currency choice. 3USL (trades in USD) instead of 3LUS (that trades in GBP) for instance. Rebalancing the FX element once/year rather than daily adjustments is inclined to be better IMO.
Hello
Can you please help with your portfolio for European euro currency?
Thanks
Sorry, no idea.
Re: Bitcoin in the VP
Posted: Tue Feb 24, 2026 2:10 am
by seajay
whatchamacallit wrote: ↑Sat Feb 21, 2026 2:21 pm
Here is a good new video on Bitcoin from Patrick Boyle:
"Bitcoin Is Crashing and Exchanges Freezing Up"
Reconverion of bitcoin back to regular fiat currency is and will become increasingly difficult. Wallets even with a small amount of tainted bitcoin may be locked. If you buy bitcoin through a exchange and keep it there (or the same bitcoin is moved from their wallet to a private wallet and later back again, no other coins) then no problem. If any tainted bitcoin is added to that private wallet and swept back on line again then the whole lot may become non convertible to fiat. Since 2020 and more broad/general acceptance its become more aligned to that of a 3x QQQ type holding that might be subsituted in instead, in some cases more tax efficiently.
In becoming more mainstream/regulatory compliant so the peak of bitcoin may have already passed. Indeed if a trickle to profit take and get out of bitcoin turns into a torrent so its price might collapse.
Re: Bitcoin in the VP
Posted: Wed Feb 25, 2026 8:51 am
by dualstow
seajay wrote: ↑Tue Feb 24, 2026 2:10 am
Reconverion of bitcoin back to regular fiat currency is and will become increasingly difficult.
Reconversion of bitcoin back to regular fiat currency is and will become increasingly difficult, wallets even with a small amount of tainted bitcoin may be locked.
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