After watching Brother Sun's SRM Entertainment's 8K, I feel that it is still very different from Micro Strategy and SBETH. I hope that experienced buddies and sisters will discuss: 0. $BTC $ETH are all decentralised, while $TRON have actual controllers; 1. The essence of micro-strategy is to finance real money with the capital market to buy BTC and help everyone get leverage; Brother Sun's capital increase in SRM is based on TRON tokens. This logic is not the logic of leverage, but the logic of loading assets, which is different from the previous X strategy. 2. Brother Sun is now PIPE capital increase SRM, which is a convertible preferred stock, as well as warrant. If you want to convert it into common shares and pour it on everyone, (in the case of more than 20% dilution), you need to get the approval of the general meeting of shareholders to let him convert. I don't know if there are any special conditions for conversion, I understand that this is very important... If SRM shareholders want to lose money (except for PVP), they should lose money on this conversion condition. In addition, if Brother Sun converts a large proportion and then cashes out, leaving the TRX assets to the shareholders of the listed company, he will complete a legal withdrawal... @justinsuntron Let's have some pattern, don't rush it. First, decorate more assets to come in, first make the company bigger and stronger, and make it the first share of the stablecoin network, and then pour it into a big fund. It's not interesting to pour our small scatter, it's not enough for you to eat coconut chicken.
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