I try not to be a MSTR hater, but Saylor sometimes comes off as a degenerate gambler in regards to figuring out how much is enough.. and nothing seems to be enough, and he wants to double the bitcoin holdings of the company in a relatively short period of time... .. and gosh at some point is he going to end up "overdoing it?"
The point in that whole presentation is that he raised the bar as far as BTC YIELD is concerned.
This is the only way to keep the MSTR valuation so high.
I tried to short MSTR, but i hurt myself and now I am flipped. MS can succeed.
It's not a "poor man BTC ETF" it's a "poor man BTC Hedge Fund".
With all the respect and consideration that I have for both of you, I have to tell you that I think you have taken a dislike to MSTR and it is hard for you to see the big picture. I have seen the entire presentation and in it he explains why the company is much more than a company that has bitcoin in its treasuries. They have been working on bitcoin developments for a long time now, such as LN for companies, which if I remember correctly I posted a video about here.
And there is no need to take it as bitcoin vs MSTR. I personally have much more bitcoin than MSTR shares but I find it an interesting option.
Did anyone see that
Microsoft shareholders are going to vote on whether to buy bitcoin? That wasn't even considered a few years ago, and if they are voting on it now it's mainly because of Saylor.
I am not against their strategy, if that is what they want to do and their investors too.
Their level of aggressiveness just makes me nervous, and I don't invest in bitcoin-related stocks anyhow. I am perfectly fine, personally, sticking with BTC, and I have no problem with people choosing to allocate some or a lot of their investment into MSTR rather than bitcoin. That is their choice, and I would not even bet against MSTR, since I think that Saylor is very smart and quite able to sell his seemingly cheat code (leveraging on the weakness of the dollar and dollar based debt systems relative to bitcoin) strategy as being a good one... it is just a bit nervous making for me in regards to his doubling and tripling down and even his outright challenge to other companies (and even governments) regarding the outright boldness of his strategy to accumulate all of the bitcoin that also plays on bitcoin's game theory that suggests the sooner you get into bitcoin the better, whether you are an individual, an institution and/or a government, and so those who diddly-dally in their getting into bitcoin are going to have their lunch eaten by bitcoin and also MSTR.. . .and it still makes me nervous to see him doing it, even though it seems a likely winning strategy... I am good enough (personally) not leveraging debt and even just ongoingly going long on bitcoin which surely personally, I am in a good position and even advantaged by people who bet long (and leverage) their bitcoin (as long as they don't get recked and maybe I am still advantaged even if they do end up getting reckt).
The more I look at the presentation, the more bullish I become on MSTR.
They are becoming a BTC Hedge fund, intending to measure their performance in terms of BTC yield.
I did some computation about their potential growth, and they actually underestimated their BTC YIELD.
So, I am now more bullish than MS on this strategy.
When I am wrong, I am ready to admit it.
I personally think that it is Saylor's job to not exaggerate his strategy, so to understate it and to give conservative that are more likely to be outperformed rather than overly bullish numbers that end up being wrong and underperform.
