Listen, and understand. Saylor is out there. He can't be bargained with. He can't be reasoned with. He doesn't feel pity, or remorse, or fear. And he absolutely will not stop, ever.
In my opinion they will reach to 500mil or 1M and make their own L2 monetary system with thos BTC as backup. You will be able to pay and borrow for them in all thier ecosystem. More companies will use their enterprise monetary system.
Saylor issued shares and sold them to buy bitcoin. Pretty much as close to "printing money to buy bitcoin" as you can get. Other corporations need to learn from this; heck, nation states need to learn from this.
Will he ever stop?
Listen, and understand. Saylor is out there. He can't be bargained with. He can't be reasoned with. He doesn't feel pity, or remorse, or fear. And he absolutely will not stop, ever.
Neither will we. We have to stack the max we can while it's cheap.
If I am reading this correctly, it appears funded through common stock sales not debt.
so he keeps diluting shareholders? i thought the goal was usage of cash from operating profits to buy bitcoin but now he is issuing shares?
I am not sure if it is new shares or shares already issued and held by the company.
In my opinion they will reach to 500mil or 1M and make their own L2 monetary system with thos BTC as backup. You will be able to pay and borrow for them in all thier ecosystem. More companies will use their enterprise monetary system.
Interesting!
Saylor is simply a sat stacking force of nature
First dilutive purchase, too. Shareholders using $MSTR as a proxy for Bitcoin now seeing inflation. Irony.
He "only" owns 0,78% of the Bitcoin mined so far.
correction, coinbase holds 152333 Bitcoin for them as an IOU
Gigachad vibez
too much
imo
spread it out
let other ppl buy some
know when to stop
still early anyway?
Saylor issued shares and sold them to buy bitcoin. Pretty much as close to "printing money to buy bitcoin" as you can get. Other corporations need to learn from this; heck, nation states need to learn from this.
share holders got diluted