Yeah Saylor has pushed up a level with MSTR moving into the QQQs and showing that their is appetite for this trade on a grand scale. Companies can raise and stack through the equity markets and these zirp convertible bond markets all desperate for some kind of volatility.

As long as NGU continues they can keep refinancing, all the companies doing this, MSTR, KULR, Metaplanet, 21 are all just funnels tapping into different pools of capital.

I think there will be one of these in every countries stock market, offering this trade to local investors too

The way I see it is if governments aren't yet ready to print to buy Bitcoin, plays like this can bring them to the table if this gets big enough and it all goes south, if enough people are involved they can get bailed out, and thats kinda the end game!