Post
Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
arallmuus
on 13/06/2022, 17:53:03 UTC
This is going to hit MSRT balance sheets really hard on the third quarter. At least they have plenty of time to hope for a market bounce.

Imagine waking up every morning looking at the current btc price and finding out that you have lost close to 1 billion because of the drop. Either way, MSTR is going to go down in history as a company that either makes the best decision by buying all those bitcoins or going to be marked as the company that makes the worst decision ever

Obviously not a fond of the later option but I have no clue of the direction we are heading right now