I understand, He can take out a loan (if the situation is precarious) to run the DCA option as he did a few months ago.
Perhaps you have recognized the sarcasm in my previous comment, but still you seem to either NOT sufficiently understand the actual financial situation of Saylor (MSTR)
(not that I am an expert) and/or you want to subscribe a higher risk gambling approach within your presumption that Saylor is already employing a high-risk gambling approach, so may as well double down on his high-risk gambling approach, no?
Don't get me wrong, I have never been much of a fan for Saylor's bitcoin allocation choices (in terms of I have frequently thought that he over does it), but I have been a pretty decent fan of both his seeming financial creativity and his being public in regards to the various ways that he was financing high levels of bitcoin purchases.
You seem to have missed my attempt to highlight cashflow within my earlier snarky comment, and as far as I can tell one of the smart and prudent angles of Saylor's approach has been a recognition and appreciation that his company has had a pretty consistent ability to generate decent amounts of cashflows that go beyond their abilities to service whatever loans that they have undertaken in their bitcoin purchases. If Saylor/MSTR were to lose a large percentage of its cashflow in such a way that it is not able to service whatever loans that they have, then at that point they would need to consider liquidating various assets, and the way Saylor presents his views on bitcoin, it would be quite doubtful that Saylor/MSTR would be liquidating bitcoin prior to liquidating other assets... (referring to if the company were to suffer cashflow generating issues).
It is also quite possible that they could miscalculate their abilities to generate cashflows, which surely does tend to happen when all markets are cutting back .. so in that sense, if too many cashflows dry up, then their situation becomes way more precarious than they had previously projected it to be.
So surely in regards to Saylor's/MSTR's bitcoin investment, ONLY a relatively small portion of it is based on any loans, and at one point when prices were in the high $30ks and low $40ks, Saylor was proclaiming that there was no problems with those loans because Saylor/MSTR had pledged collateral in such a way that the BTC price would have to go down into the $21ks before the loan would end up getting margin called, and at that time, $21ks had seemed somewhat unthinkable. So when BTC prices went down to $21k and below, presumptively Saylor/MSTR had placed whatever additional collateral in order that his outstanding loans had not gotten margin called, and at that point Saylor began to say that he had enough unencumbered BTC that BTC prices would have to go into the $3ks before his loaned out BTC would be subjected to margin calls, and MSTR had more
(non BTC) collateral that it could pledge if BTC prices were to get down to those $3k-ish price levels.
I can understand why regular people (including you Google+ -
presuming that you are a normal people) are going to retain quite a lot of reservations in regards to what various company representatives are going to say (especially when they have a vested interested in the subject matter being discussed), and so many times we witness that various company representatives had been misrepresenting what they had been doing, and they are really caught in lie after lie after lie and when the BTC prices ended up going way the fuck lower than the overwhelming majority of people in bitcoin (including seeming market experts), then surely there were a decent number of companies (so far) who have been caught with their pants down.. and people realize that they had been lying and they no longer had any choice but to have their nakedness revealed. So, yes, I understand that it is reasonable for people to have a decently high level of reservations regarding disclosures and/or representations that companies are making about their financial situation that may well not be as positive and rosie as they are making their situations out to be.
I am surely not opposed to having reservations regarding representations that any company is making (including Saylor/MSTR) in regards to their situation, yet so far, it appears that Saylor/MSTR has neither materially misrepresented what he is doing and/or his company's financial situation - which still seems to be pretty solid in spite of the "on the book" losses of a decent amount of value (yes well over a billion dollars)
The hype of her purchase could trigger a huge backlash, Is not that it as she expected.
You seem to be overplaying the importance of what other people think in regards to whether MSTR is profitable or not? Sure, there is another portion of MSTR that involves it being a publicly traded company, so in that regard, Saylor has more obligations to the public and/or to various shareholders than he would have if the company were a private one.. Yet based on the level of Saylor's public disclosures that seem to go way beyond minimum legal requirements (and likely he has quite a decent legal staff), I surely have my doubts about any kinds of claims that the share holders would be in any kind of solid position to make any claims against the company - while at the same time, they are able to vote with their feet, and surely there are ways for buyers of MSTR stock are able to get in and out of such stock within the parameters of the market liquidation mechanisms that are available to them (my understanding is that MSTR is traded on NASDAQ, but it is likely traded in other ways too).
MSTR share prices as they are shown on NASDAQ do seem to have even more volatility than the BTC price.
I know that this may be a difficult path for Saylor because of her financial support, the investment loss is quite large, so the next decision will be made carefully.
Even though on an ongoing basis, a lot of people seem to love to talk about MSTR and the supposed precariousness of its BTC related position, absent some further negative information, I have quite a few doubts about the position of MSTR being even close to as precarious as either you (Google+) or the general bitcoin naysaying public seem to want to paint it.