Saylor just needs to buy an insurance company now so he can invest the float in Bitcoin.

I wonder what the price has to go to before other public corps start copying the strategy. It is hard to replicate. You need control over the board, a business that spins off a lot of cash and a slightly crazy CEO/Founder. Even if Musk was a true bitcoiner (clearly not) the strategy was never going to work for a capital intensive company like Tesla. Software, financial services, insurance, all good candidates.

It has the potential to be a serious problem. Price manipulation is a major possibility when controlling 1% of the supply, as the 24hr transaction volume is only about 2% of total supply, according to Coinbase. Another possibility is jamming the network with spam transactions, which can be used for example in a LN double spend attack

I assume the government will seize it at some point.

I think it'd be better if MicroStrategy were to find ways to use BTC as funds and interact with the greater ecosystem, otherwise people will continue to view it as a way to get rich

Microstrategy is levered to wazoo to acquire it. But it's not like if you or I take out loans to acquire BTC. It favors the small retail guy. We can default on the loans and keep the BTC (cold storage). Microstrategy is a public company with a custodian. They can't default without losing their entire stack. Bitcoin volatility is the great equalizer. It's what makes it so fair and so deadly for TradFi gamers. Volatility is BTC's best evangelist. Microstrategy is never safe from getting rekt

I learned recently that US companies can not self custody btc, instead they must use a qualified custodian. Can someone confirm this please?

What is the point of the SEC confirming BTC is not a security when is de facto being used as one!?

It's possible their are several entities and even individuals with as many BTC as MS. So if we have to be worried of somebody dumping the price it's not MS in the first place IMO

Doesn’t make a difference to the bitcoin network but just wondering why would anyone keep buying their stocks when Saylor keep diluting it while using the funds to stack sats.

Microstrategy is a ridiculous example of a ridiculous company. They are literally moon bois in the time of idiot trolls trying to sell you fiat garbage. They are like conspiracy theorists sayings aliens are real. To normies bitcoin is some stupid get rich quick scheme. But Saylor has like a pretty good IQ and is way smarter than me, and he's using the cantillion effect to F sh*&^ up! just you watch he's gonna do really well in the next few years

Saylor is betting on a future where the dollar is worthless. Or worth lese. He then at least has a bank account with liquiq digital gold in it.

He understands that having a company that produces 25% more in earnings is not enough to just keep the purchasing power of the stock holders. That is why he saves in Bitcoin.

Everybody can do that. And most will want to when it is too late.

You will see multi millionnairs, going to Blackrock and dumping stocks and bonds and running to Bitcoin ETFS, exchanges to jist get a piece of Bitcoin for any price.

If you know what the CBDC system will do with fiat money you would run right now.

So Saylor is just creating a big savings bank for his stock holders. A bitcoin bank.

And if you want you can buy Microstrategy stock too and own a piece of that bank.

Everybody can. It is a public traded stock.