I like that Jack said 21 will outperform Strategy because they are actually going to have revenue producing businesses instead of a money losing company stacking BTC. That makes it seem like they can actually outperform especially when you consider how much smaller they are to start. I didn’t think we’d see competition in this space. An interesting development.
Well that's long way to go and for sure they know that the institution they try to out perform is already well established company that has been tested for many years of challenges and they remain standing strong.
Hopefully they didn't say that just to get media mileage and get attention of future investors that might get attracted on everything they say. But its still really good that we have see them coming up with plans to focus on Bitcoin since somehow competition on accumulation on Bitcoin is really great for Bitcoin ecosystem.
And I'm also excited to see their future accumulation post just like what Microstrategy did after they accumulate their Bitcoins.
I think it probably isn't as far away as you think. Strategy's "strategy" of buying Bitcoin is honestly idiotic and can only lead to them inevitably being liquidated at some point or charged with some sort of financial crime if they aren't. So all Jack really has to do is not touch leverage and his company will win long term. Saylor is using leverage and buying tops, which seems smart when the market goes up... Markets are smarter than greedy men though. This market will go only as high as it takes to get Saylor's position overleveraged to where the actual big boys in global finance (who may not have even entered the space sufficiently yet and who's entrance will likely cause the coming bubble) can sell and liquidate him. That will likely be what kicks off the bear market of 2027 if you ask me. Maybe he'll be saved this cycle by the US Government buying, but I am confident that at some point in the possibly distant future (maybe 2 years, maybe 10 years) Strategy will be liquidated and cause the mother of all Bitcoin crashes.
You sound like someone who does not even know what Saylor/MSTR is doing. Just spouting out some nonsense without knowing specifics, and acting like you know something or you have some ideas about some vulnerabilities that they "must have." Yet you are just throwing shit at the wall and hoping that maybe something sticks,
liklike you are merely guessing.
MSTR is not even using BTC as collateral, and they end up owning the BTC entirely after servicing the debt. Their debt to asset ratio is quite low, too, with debt terms that are quite low interest rates such as less than 1% and then terms that are 4 years or more into the future...
Sure there are always can be some execution risks and even custodial risks, but you are just seeming to proclaim that whatever they are doing just seems too good to be true.. and perhaps you are also caught up upon their average cost per BTC continuing to go up and erroneously thinking that MSTR/Saylor are going to be wiped out if the BTC price goes below their cost per BTC... which is another wrong way of thinking... but you are free to think it just like some of the other dumb superficial analysts that I had been seeing spouting similar nonsense.