Diego Valley on Nostr: I think #mstr is one of those buy now study later things. I’m trying to wrap my ...
I think #mstr is one of those buy now study later things. I’m trying to wrap my head around it as well. This article was helpful https://seekingalpha.com/article/4738579-microstrategy-could-be-a-multi-trillion-dollar-company
#bitcoin
#bitcoin
quoting note1qsu…dc95I get that companies like Space X and Tesla have Bitcoin as a treasury asset. They also manufacture tangible things that provide economic value.
I still struggle to see what Microstrategy does and how them selling paper to acquire more Bitcoin brings any economic value. Something eventually breaks with this model.