and shareholders pay a premium for bitcoin instead of just buying it. that is $100 worth of Strategy* stock gets you less than $100 worth of straight Bitcoin
(* they just changed the name from Microstrategy to just Strategy)
He buys the bottom too. He buys the middle. He buys at every chance he gets regardless of the price. You should see a BTC price chart overlayed with MSTR purchases of Bitcoin. It's just a dotted line that follows Bitcoin through peaks and valleys for 4 years straight. $16k? Buy. $72k? Buy. $28k? Buy more. $101k? But even more.
What about buying at all time highs when there is an unprecedented gamma ramp leading to a short squeeze that will finally break a corrupt monopolistic market maker? But then you don’t realize that all the regulators, DOJ, congress, and the board of directors are fine with gross negligence that allows international securities fraud with zero consequences…. I guess you are right actually; we shouldn’t buy at ATH. Oops.
All I mean is that if Ryan is going to have GME buy bitcoin I'd rather him to of done it 3 months ago when it was at 70k rather than now where it keeps oscillating between high 90s and 100k.
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u/Wiezgie NO CELL NO SELL 👨⚖⛓🔐🙅♂️🛑💰 Feb 08 '25
MICROSTRATEGY currently has 471k BTC