With today's announcement of establishing a dollar reserve covering at least 24 months of dividends ("interest") on preferred shares, a significant portion of short-term risk has been eliminated.

Now it's a matter of raising the yield on preferred shares to a level where they become machines for attracting fiat currency (bad money).

As long as it's true that Bitcoin will appreciate more than the cost of these fundraising efforts, the trend is for the company to become a global fiat money black hole, sucking in everything nearby.

We are witnessing history unfold.