Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Microstrategy’s team is so ‘elite’ they somehow skipped paying $4 billion in taxes.
So what does Michael Saylor do? Sells $4 billion in stock to plug the hole. Translation: they’re broke. Makes you wonder how he plans to cover bond payments when the next crypto winter hits — guess he’ll just dump more shares.
So what does Michael Saylor do? Sells $4 billion in stock to plug the hole. Translation: they’re broke. Makes you wonder how he plans to cover bond payments when the next crypto winter hits — guess he’ll just dump more shares.
As genius as you are, I wonder what your net worth is. Like 20 bucks?
I get it, other investors get it — once Bitcoin tanks, MSTR will nosedive even harder.
They don't seem to get what you get, as MSTR is the most profitable company in the USA market. Are you high?
Also fun fact: now they have to pay 15% every year on unrealized Bitcoin gains. Do the math — they’re on track to go bankrupt by the next halving.
Yeah, very funny how you lecture us making a fool of yourself.
And their actual business? Pulls in maybe 10% a year. Not exactly a fortress
