MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

[Ambatman]

Serious question here:  REITs have some of the highest dividend yields out there, compared to the average non-real estate corporations that are publicly traded.  Are we thinking about different things here or what? 

I believe you are both saying same thing.
The crap interest he's speaking a about is savings and non Real Estates corporations.
STRC 9% is better than most well except mREITs like Corp AGNC Investment

I'm amazed that so many companies are adopting the crypto-treasury model, whether it be bitcoin or litecoin or whatever.

They are trying to survive and turn their story around.
I believe many are riding the wave and want to gain as much for it
We can only know who truly pushes what they say after a winter period.

KindlyMD performance for example last year experienced a decrease and even earlier this year
http://investors.kindlymd.com/

Many have similar situations. With financial performance lagging.

[JayJuanGee]

Basically it is a product that is going to pay dividends on a monthly basis, so I am sure it will slowly eat into the market for REITs, savings accounts and other products that usually pay crap interest compared to the 10% per annum it is going to pay initially<snip>

Serious question here:  REITs have some of the highest dividend yields out there, compared to the average non-real estate corporations that are publicly traded.  Are we thinking about different things here or what?  

And wow, I'm amazed that so many companies are adopting the crypto-treasury model, whether it be bitcoin or litecoin or whatever.  When I look at KindlyMD or Semler Scientific, I'm left scratching my head wondering what their real motivations are behind getting into bitcoin.  My first thought is that they've seen the success MSTR has had and are attempting to replicate it--and I think that's the most likely scenario; my second thought is that they mean what they say on their websites...but I have a hard time believing that.

I'm still sitting on the sidelines watching all of this, waiting to see how it plays out in a year, five years (if this mania lasts that long).

I don't know why you would be sitting on the sidelines.

Surely there is no need to buy MSTR,  the various MSTR related financial products, or the financial products (stock) of some other MSTR copycat treasury company..

Yet at the same time, either buying bitcoin itself or holding decently good quantities of bitcoin to the extent that you already have enough bitcoin (or more than enough) seems a good idea (practice) based on how many retards are giving money to MSTR and to various copycat companies so that Saylor et al can buy bitcoin with their money.

By the way, the same principle does not apply to buying various shitcoins like Ethereum or Litecoin or various other shitcoins in whose namesake some of the various shitcoin-related financial products might be built or company treasuries buying some shitcoin like ethereum (how retarded can they get?).

Serious question here:  REITs have some of the highest dividend yields out there, compared to the average non-real estate corporations that are publicly traded.  Are we thinking about different things here or what?  

I believe you are both saying same thing.
The crap interest he's speaking a about is savings and non Real Estates corporations.
STRC 9% is better than most well except mREITs like Corp AGNC Investment

How could they be saying the same thing when Free Market Capitalist seems to be saying that Saylor/MSTR is trying to provide some kind of a competitive product to REITs, and The Sceptical Chymist seems to be suggesting that REITs are the best thing since sliced bread, so how could MSTR provide any kind of a product that is even close to competing with REITs...

My own assessment is that The Sceptical Chymist continues with his overly skeptical doubting Thomas take, even though sooner or later in this here world he might have some ability to say "look, I was right," even though most of the time, he seems to be failing/refusing to be seeing how various aspects of the traditional debt market is being played by Saylor/MSTR in quite interesting, creative and even within the bounds of the various rules and restraints of such traditional debt based systems.

I'm amazed that so many companies are adopting the crypto-treasury model, whether it be bitcoin or litecoin or whatever.

They are trying to survive and turn their story around.
I believe many are riding the wave and want to gain as much for it
We can only know who truly pushes what they say after a winter period.

KindlyMD performance for example last year experienced a decrease and even earlier this year
http://investors.kindlymd.com/

Many have similar situations. With financial performance lagging.

Many companies don't have as good of a profile as MSTR in 2020, which it seems to be important to have cashflow to cover any debt that might be incurred in their offering of such treasury products.   Of course, there can be value that comes from their stock pumping on the news some of them might be able to extract value in that without screwing it up.   Perhaps? perhaps?  Going to find out in the coming year or so.. and maybe it won't take so long before we might find some "mistakes being made," in variations of the imperfect copy cat MSTR wannabes.

[Free Market Capitalist]

I don't know why you would be sitting on the sidelines.

Surely there is no need to buy MSTR,  the various MSTR related financial products, or the financial products (stock) of some other MSTR copycat treasury company..

For someone who has been stacking bitcoin with DCA for many years, it is certainly not necessary, although, as I mentioned, I have some MSTR shares as a leveraged play in addition to bitcoin. However, there are many other people, such as institutional investors and/or people who do not understand how Bitcoin, blockchain, etc. work, and who are looking for a return, preferably monthly, as well as capital protection. As mentioned, these could be investors in REITs or savings accounts or T-Bills, etc. That is the market that Saylor wants to acquire a good share of with this product.

How could they be saying the same thing when Free Market Capitalist seems to be saying that Saylor/MSTR is trying to provide some kind of a competitive product to REITs, and The Sceptical Chymist seems to be suggesting that REITs are the best thing since sliced bread, so how could MSTR provide any kind of a product that is even close to competing with REITs...

My own assessment is that The Sceptical Chymist continues with his overly skeptical doubting Thomas take, even though sooner or later in this here world he might have some ability to say "look, I was right," even though most of the time, he seems to be failing/refusing to be seeing how various aspects of the traditional debt market is being played by Saylor/MSTR in quite interesting, creative and even within the bounds of the various rules and restraints of such traditional debt based systems.

For me, it's clear: would you prefer a product backed by real estate, such as REITs, or one backed by bitcoin? I think the latter is better, and I believe that over time more and more people will realize this.

[JayJuanGee]

I don't know why you would be sitting on the sidelines.

Surely there is no need to buy MSTR,  the various MSTR related financial products, or the financial products (stock) of some other MSTR copycat treasury company..

For someone who has been stacking bitcoin with DCA for many years, it is certainly not necessary, although, as I mentioned, I have some MSTR shares as a leveraged play in addition to bitcoin. However, there are many other people, such as institutional investors and/or people who do not understand how Bitcoin, blockchain, etc. work, and who are looking for a return, preferably monthly, as well as capital protection. As mentioned, these could be investors in REITs or savings accounts or T-Bills, etc. That is the market that Saylor wants to acquire a good share of with this product.

How could they be saying the same thing when Free Market Capitalist seems to be saying that Saylor/MSTR is trying to provide some kind of a competitive product to REITs, and The Sceptical Chymist seems to be suggesting that REITs are the best thing since sliced bread, so how could MSTR provide any kind of a product that is even close to competing with REITs...

My own assessment is that The Sceptical Chymist continues with his overly skeptical doubting Thomas take, even though sooner or later in this here world he might have some ability to say "look, I was right," even though most of the time, he seems to be failing/refusing to be seeing how various aspects of the traditional debt market is being played by Saylor/MSTR in quite interesting, creative and even within the bounds of the various rules and restraints of such traditional debt based systems.

For me, it's clear: would you prefer a product backed by real estate, such as REITs, or one backed by bitcoin? I think the latter is better, and I believe that over time more and more people will realize this.

By the way, I had mentioned previously that I am not opposed to various kinds of accounts holding the bitcoin derivative products rather than bitcoin itself, including that I know that it can be difficult for institutions and/or governments to directly hold bitcoin, even though some of them might be able to figure out ways to hold bitcoin directly.

Another kind of account that exists are retirement accounts that tend to have to stick with offerings within the funds, and I currently have a 401k that does not provide me very much flexibility in regards to what I am able to buy, and I have had those funds for more than 25 years.  I would probably play around with various bitcoin related products if they were available within my 401k plan.

You are also correct about owning BTC for a while and even guys who might have had gotten to a status of enough BTC or more than enough BTC. It is not like we are going to feel any compelling reason to get involved in various bitcoin derivative products whether MSTR or some other bitcoin treasury product of some other company or some other bitcoin derifative product that they might offer, even it if it posible that the "yield" might be greater than owning bitcoin directly, especially with the various options that MSTR is offering.. yet at the same time, I could give less than two shits .. at least right now.

I have given some thought to the idea of putting some portion of my bitcoin in some kind of a product that earns yield.. .. so then I would lose control of the bitcoin, yet hopefully hold the equivalent of that bitcoin and then earn yield in dollars.. but right now, I am not at that stage in my own bitcoin journey and/or the way that I am currently managing my bitcoin holdings..  I will admit that there could be some motivation to figure out ways to lessen tax implications, so at some point in the future, I might end up putting some portion of my bitcoin into some product that I might be able to use as a way of getting dollars and not having to pay capital gains on my bitcoin in terms of the alternative of regularly selling bitcoin and then being stuck with capital gains taxes on those sales, which i have been doing for quite a few years... maybe 10-ish?  There might have been some years where I did not have any bitcoin sales, so no capital gainz, but I cannot recall off of the top of my head.

[reefsea]

Basically it is a product that is going to pay dividends on a monthly basis, so I am sure it will slowly eat into the market for REITs, savings accounts and other products that usually pay crap interest compared to the 10% per annum it is going to pay initially although the dividend will be variable and what they will try to achieve is that the share price is always around $100.

I bet the aim il here is to gain as much capital from diverse audience in order to diversify the investors according to different risk preferences, while maintaining the capital flywheel in motion!

Saylor's strategy of raising new capital with lower risk and offering investors substantial returns has given him ample capital to continue buying Bitcoin.

I can't imagine Saylor's ambition to become the world's largest BTC holder. He's on track to reach 1 million BTC, and I'm sure he has many ways to secure new capital injections.
Investors have no doubts about him, as he executes his strategy as well as possible without any mistakes that would deter them from joining MicroStrategy.
19 hours ago, Saylor published MicroStrategy's profits on X, a profit of ₿5,668 worth $676 million.
https://x.com/saylor/status/1947649088331149801?t=g4YfB7rOj2CBA9f8-z6grA&s=19

[Popkon6]

Basically it is a product that is going to pay dividends on a monthly basis, so I am sure it will slowly eat into the market for REITs, savings accounts and other products that usually pay crap interest compared to the 10% per annum it is going to pay initially although the dividend will be variable and what they will try to achieve is that the share price is always around $100.

I bet the aim il here is to gain as much capital from diverse audience in order to diversify the investors according to different risk preferences, while maintaining the capital flywheel in motion!

Saylor's strategy of raising new capital with lower risk and offering investors substantial returns has given him ample capital to continue buying Bitcoin.

I can't imagine Saylor's ambition to become the world's largest BTC holder. He's on track to reach 1 million BTC, and I'm sure he has many ways to secure new capital injections.
Investors have no doubts about him, as he executes his strategy as well as possible without any mistakes that would deter them from joining MicroStrategy.
19 hours ago, Saylor published MicroStrategy's profits on X, a profit of ₿5,668 worth $676 million.
https://x.com/saylor/status/1947649088331149801?t=g4YfB7rOj2CBA9f8-z6grA&s=19

MSTR Company Chairman Michael Saylor has been collecting Bitcoin since 2020, you can see this by going to wwwsaylortracker.com, where you can see their complete Bitcoin purchase history from the beginning to last week. As a result of their long-term purchase of Bitcoin, they have purchased $71777 per Bitcoin according to the average DCA method. They first purchased Bitcoin for $10419, and last week on July 19th for $118940.
So you can see how much profit they have made from investing in Bitcoin in the long term, investing only in Bitcoin means ensuring the future and becoming financially independent. The fastest Bitcoin investment is effective.
The Bitcoin holdings of MSTR Company prove that the reality of purchasing Bitcoin according to the DCA method is true.

[Bluedrem]

I have given some thought to the idea of putting some portion of my bitcoin in some kind of a product that earns yield.. .. so then I would lose control of the bitcoin, yet hopefully hold the equivalent of that bitcoin and then earn yield in dollars.. but right now, I am not at that stage in my own bitcoin journey and/or the way that I am currently managing my bitcoin holdings..  I will admit that there could be some motivation to figure out ways to lessen tax implications, so at some point in the future, I might end up putting some portion of my bitcoin into some product that I might be able to use as a way of getting dollars and not having to pay capital gains on my bitcoin in terms of the alternative of regularly selling bitcoin and then being stuck with capital gains taxes on those sales, which i have been doing for quite a few years... maybe 10-ish?  There might have been some years where I did not have any bitcoin sales, so no capital gainz, but I cannot recall off of the top of my head.

JJG As you said, invest some money in such a sector so that you don't have to sell the Bitcoins at the right moment.
Yes, I will tell you a story about my investment.
When I started investing in Bitcoin, I had a very small amount of money in my emergency fund.
A few days after investing in Bitcoin, I received a large amount of money from my father. One night, I was thinking about what to do with that money. At one point, I thought that I should invest the entire amount in Bitcoin, and then I thought that I should also keep some money in my emergency fund. While thinking like this, I was looking for the best way to use the money. Later, I thought that if I invest this money somewhere, I will invest in Bitcoin with the profit I get every month.
That's what I thought. I invested the money in a sector from which I get a good amount every month, and as soon as I get the economic profit, I invest the entire amount in Bitcoin. Now I am very confident that even if the entire amount of money I earn from my job is spent on basic needs, I will be able to buy Bitcoin continuously.
Although I have the highest confidence, I am not disappointed if I did not invest the entire amount in Bitcoin at that time because I have been able to invest in Bitcoin so far with the profit earned from that money. And now I am very confident that if God forbid, an emergency situation arises when I cannot meet it with the money in my emergency fund, then I will be able to use the money invested in that place as a backup fund.

[JayJuanGee]

I have given some thought to the idea of putting some portion of my bitcoin in some kind of a product that earns yield.. .. so then I would lose control of the bitcoin, yet hopefully hold the equivalent of that bitcoin and then earn yield in dollars.. but right now, I am not at that stage in my own bitcoin journey and/or the way that I am currently managing my bitcoin holdings..  I will admit that there could be some motivation to figure out ways to lessen tax implications, so at some point in the future, I might end up putting some portion of my bitcoin into some product that I might be able to use as a way of getting dollars and not having to pay capital gains on my bitcoin in terms of the alternative of regularly selling bitcoin and then being stuck with capital gains taxes on those sales, which i have been doing for quite a few years... maybe 10-ish?  There might have been some years where I did not have any bitcoin sales, so no capital gainz, but I cannot recall off of the top of my head.

JJG As you said, invest some money in such a sector so that you don't have to sell the Bitcoins at the right moment.
Yes, I will tell you a story about my investment.
When I started investing in Bitcoin, I had a very small amount of money in my emergency fund.
A few days after investing in Bitcoin, I received a large amount of money from my father. One night, I was thinking about what to do with that money. At one point, I thought that I should invest the entire amount in Bitcoin, and then I thought that I should also keep some money in my emergency fund. While thinking like this, I was looking for the best way to use the money. Later, I thought that if I invest this money somewhere, I will invest in Bitcoin with the profit I get every month.
That's what I thought. I invested the money in a sector from which I get a good amount every month, and as soon as I get the economic profit, I invest the entire amount in Bitcoin. Now I am very confident that even if the entire amount of money I earn from my job is spent on basic needs, I will be able to buy Bitcoin continuously.
Although I have the highest confidence, I am not disappointed if I did not invest the entire amount in Bitcoin at that time because I have been able to invest in Bitcoin so far with the profit earned from that money. And now I am very confident that if God forbid, an emergency situation arises when I cannot meet it with the money in my emergency fund, then I will be able to use the money invested in that place as a backup fund.

Of course differing kinds of funds offer differing costs and benefits, and we might get ourselves in a pickle if we don't keep enough back up funds so that if some kind of an unexpected need for cash comes we have to have some place from which to quickly draw such funds, so it would be dangerous to end up having to tap into our bitcoin investment rather than having enough cash available.

In terms of being able to draw from somewhere, some funds are more liquid than others too.

Some funds offer various kinds of benefits of tax incentives or even cost of moving them, so there can be disincentives to move them.  Relatively speaking BTC tends to be quite liquid.. so depending on how fast any need for cash were to occur, we might ONLY have bitcoin as the fastest means to get the value available to us (or within our bank account) within a few days.

One thing is emergencies, and then another thing is trying to decide where to hold funds, especially if we might consider that bitcoin is a great place to hold value, yet at the same time, we might also consider the extent to which we might be becoming overly exposed to bitcoin as compared with other places that we might be holding our value.

I recall in late 2014, after I had already been accumulating bitcoin for about a year, my investment into bitcoin was right around 40% in the negative with BTC prices around $380 and my average cost per BTC slightly higher than $600 per BTC.  At that point I had put right around 10% of my quasi-liquid investment portfolio into bitcoin (counting all my assets and trying to figure out their value based on how liquid they were.. so for example, with real estate property that I owned, I only counted about 30% of the value and considered them pretty non-liquid.. similar with my stake in a business that I then owned). 

At that time, in late 2014, I was going through calculations about how much bitcoin I had and various assets that I had and the extent to which I might be able to put some of the value from the other assets into bitcoin.  I was considering if I withdrew either the size of my bitcoin investment or even close to double the size of my bitcoin investment from my 401k, then I could double or even close to triple the size of my then bitcoin holdings, and maybe still hold some of the remaining value in my 401k.  So I would ONLY be withdrawing 30% to 50% of my 401k holdings.  It would also likely bring my cost per BTC down to from a little bit over $600 per BTC to below $500 per coin depending on how many BTC I were to be able to buy, and presuming that I might be able to get the additional bitcoin for around $380-ish per BTC.  

I was considering transferring the 401k funds into some kind of a self-directed retirement fund to avoid negative tax consequences and then to buy BTC with it.  In the end, i decided not to do it, since I considered that it was probably better to keep some decent amount of my value in traditional finances to serve as a kind of hedge to my bitcoin investment.  At that point, I was also starting to consider that I had already accumulated enough bitcoin, even though they were right around $40% in the negative, and I did not necessarily want to have more of my then net worth in bitcoin. since I considered that my quasi-liquid net worth was then 10% in bitcoin, but maybe if I had gone through with the deal, it might have put close to 30% of my quasi-liquid net worth in bitcoin, depending on how I carried out such a reallocation.  I did not end up cashing out any of my 401k to put into bitcoin.

In the end, after those 2014 considerations, it ended up becoming that merely through bitcoin's price appreciation (rather than my moving funds around), the proportion of my wealth in bitcoin went up from 10% to 13.5% by my merely adding manually in 2015, and then from 13.5% to 75% in 2017 due to the BTC's price movements, and then my proportion in bitcoin came back down to 40% in 2018 due to BTC price drops, and then it went up to like 80% in 2021 due to BTC price moves upward, and back down to 60% in 2022 and then perhaps currently in the ballpark of 90% of my quasi-liquid wealth in bitcoin, even though I did not make any special allocation or reallocations into bitcoin, and the changes were all largely due to changes in the BTC price.  I even made some mistakes of losing some of my bitcoin along the way too... so just imagining if I had moved up to half of the value of my 401k into bitcoin in 2014, that might have had been overkill and/or way more wealth put into bitcoin than necessary to still greatly profit from continuing to have bitcoin and not really selling large amounts of it... Maybe I would have lost that portion too?  Not easy to say with "what ifs?"

If we are looking at products that potentially produce yield and potentially have abilities to transfer into them without tax consequences, then we are going to consider these kinds of matters when choosing which products we hold, so I personally had considered that there could be some products that I might be able to hold without selling BTC, yet many of the MSTR products or copy cat of MSTR products would require my selling BTC to hold the MSTR product, yet the MSTR product is pegged to BTC, allows MSTR to buy more BTC with my money, and then perhaps I would get the upside price performance in dollars or even metrics that are tied to BTC prices, but still if I cash out of the MSTR product, I have to cash out in dollars and then buy BTC if I want to actually hold the BTC rather than cash, and sure, many folks have proclaimed that my dollar performance may well be greater by holding the MSTR product rather than directly holding BTC... yet there are trade offs for getting that kind of supposed better performance (value).

[nikola22]

I agree that limiting the investment into shitcoins as compared with bitcoin to something like 10% is acceptable, yet I don't agree with your assertion that suggests that there is any thing helpful in fucking around with shitcoins.. since you are proclaiming that "it won't hurt" to have up to 10% in various shitcoins.

Of course, you can do whatever you want, but the idea of diversification for the sake of it, seems pretty retarded to me. especially if you might have some clues about what bitcoin is and unless you have some kind of specific reasons to hold any of those shitcoins..

as you may have noticed I suppose allocation 10% of portfolio for assets that now are used for alternative corporate treasuries. many companies are raising hundreds of millions to buy some ETH or SOL and who knows how far this may go. if there were treasuries based only on BTC certainly investing in altcoins wouldn't make sense. of course I don't propose investing in such shitcoins like SHIB, PEPE and many others similar but having some ETH or SOL won't hurt. besides it will be possible to swap them for BTC if they show some kind of abnormal growth. the ultimate goal is to build up more reserves in BTC and if altcoins would help, why not? )

[JayJuanGee]

I agree that limiting the investment into shitcoins as compared with bitcoin to something like 10% is acceptable, yet I don't agree with your assertion that suggests that there is any thing helpful in fucking around with shitcoins.. since you are proclaiming that "it won't hurt" to have up to 10% in various shitcoins.

Of course, you can do whatever you want, but the idea of diversification for the sake of it, seems pretty retarded to me. especially if you might have some clues about what bitcoin is and unless you have some kind of specific reasons to hold any of those shitcoins..

as you may have noticed I suppose allocation 10% of portfolio for assets that now are used for alternative corporate treasuries. many companies are raising hundreds of millions to buy some ETH or SOL and who knows how far this may go. if there were treasuries based only on BTC certainly investing in altcoins wouldn't make sense. of course I don't propose investing in such shitcoins like SHIB, PEPE and many others similar but having some ETH or SOL won't hurt. besides it will be possible to swap them for BTC if they show some kind of abnormal growth. the ultimate goal is to build up more reserves in BTC and if altcoins would help, why not? )

Of course, ultimately, you have the choice to do whatever you like in terms of your various allocations, and you are the one who is going  to suffer the consequences as well as enjoy the benefits in the event that you figure out a way to benefit.

From my perspective, you sound distracted and unlikely to be able to limit yourself with that pump and dump crap, and you also seem to believe that some shitcoins happen to be less shitty than others.  

Sure, you might be able to get lucky, yet hopefully you are also able to limit yourself to 10% or less of your bitcoin size and mostly stay focused on BTC - yet i have doubts.

[EarnOnVictor]

I can't imagine Saylor's ambition to become the world's largest BTC holder. He's on track to reach 1 million BTC, and I'm sure he has many ways to secure new capital injections.

Let's clarify this because of the novice.

Michael Saylor is a person, and MicroStrategy is a company. Saylor owns roughly 17,732 BTC as of today, while MicroStrategy, the company he's the executive chairman of, has bought over 600,000 BTC. Meaning that it's MicroStrategy that has over 600,000 BTC to its name, and of course, it is owned by many investors.

[reefsea]

I can't imagine Saylor's ambition to become the world's largest BTC holder. He's on track to reach 1 million BTC, and I'm sure he has many ways to secure new capital injections.

Let's clarify this because of the novice.

Michael Saylor is a person, and MicroStrategy is a company. Saylor owns roughly 17,732 BTC as of today, while MicroStrategy, the company he's the executive chairman of, has bought over 600,000 BTC. Meaning that it's MicroStrategy that has over 600,000 BTC to its name, and of course, it is owned by many investors.

Yes, you're right, but Microstrategy is his company. He's the CEO, and although he's stepped down as CEO, he's the one who takes the lead in decision-making. He even made the decision when he shifted the company to invest in Bitcoin. But I forgot to save that article.

Saylor's reputation changed people's perceptions. He captured the public's attention with his decision to buy a large amount of Bitcoin. Although it wasn't his, but belonged to investors, he managed it well with his strategy. He managed investor money with capital from the stock sales he'd made. This means he took good care of his company, and the profits they generated were substantial, convincing many investors to trust him and Microstrategy.

[avp2306]

I can't imagine Saylor's ambition to become the world's largest BTC holder. He's on track to reach 1 million BTC, and I'm sure he has many ways to secure new capital injections.

Let's clarify this because of the novice.

Michael Saylor is a person, and MicroStrategy is a company. Saylor owns roughly 17,732 BTC as of today, while MicroStrategy, the company he's the executive chairman of, has bought over 600,000 BTC. Meaning that it's MicroStrategy that has over 600,000 BTC to its name, and of course, it is owned by many investors.

Yes, you're right, but Microstrategy is his company. He's the CEO, and although he's stepped down as CEO, he's the one who takes the lead in decision-making. He even made the decision when he shifted the company to invest in Bitcoin. But I forgot to save that article.

Saylor's reputation changed people's perceptions. He captured the public's attention with his decision to buy a large amount of Bitcoin. Although it wasn't his, but belonged to investors, he managed it well with his strategy. He managed investor money with capital from the stock sales he'd made. This means he took good care of his company, and the profits they generated were substantial, convincing many investors to trust him and Microstrategy.

He does not own all of it and he's major stock holder that's why he has major strategic control towards decision making about on where their company heading.

Their major shift on Bitcoin is truly amazing since with this they gain a lot of profit compare on their old model.

Also maybe this article could help if you guys seeking some information about how MicroStrategy turn Bitcoin as corporate strategy https://tradersunion.com/interesting-articles/best-crypto-companies/microstrategy-review/bitcoin-strategy/

[Ambatman]

My own assessment is that The Sceptical Chymist continues with his overly skeptical doubting Thomas take, even though sooner or later in this here world he might have some ability to say "look, I was right,"

I think this is the same reason why he's in it for Bitcoin.
Strong potential low risk. Same applies to me.
Like you said one isn't obliged to buy the various stocks of MSTR and other copies.
Even staying on the sidelines and waiting to see how it goes wouldn't cost much as long as you own your Bitcoin.

For example, I live in a developing nation where Real Estate is starting to get attention( I'm talking about lands and the likes not their stocks)
After Bitcoin, they come second in my portfolio and some shares scattered around
I personally believe this covers enough for me for now so trying MSTR and the likes is a problem for future Batman.

as you may have noticed I suppose allocation 10% of portfolio for assets that now are used for alternative corporate treasuries. many companies are raising hundreds of millions to buy some ETH or SOL and who knows how far this may go. if there were treasuries based only on BTC certainly investing in altcoins wouldn't make sense. of course I don't propose investing in such shitcoins like SHIB, PEPE and many others similar but having some ETH or SOL won't hurt. besides it will be possible to swap them for BTC if they show some kind of abnormal growth. the ultimate goal is to build up more reserves in BTC and if altcoins would help, why not? )

The number of people that have survived this strategy are few.
I still can't comprehend how people consider investing in Bitcoin and altcoins as diversification.
Why make things complicated if it can be made easy.

[fillippone]

MICROSTRATEGY PLANS TO RAISE $2B FOR BITCOIN PURCHASES, UPSIZING FROM $500M: BBG

Strategy has just announced a quadruple increase in its capital raise from $500 million to $2 billion.

They are scaling up their efforts, as the game is becoming increasingly crowded, and MSTR must stay ahead of the pack in terms of generating BTC for their shareholders.

[Ambatman]

MICROSTRATEGY PLANS TO RAISE $2B FOR BITCOIN PURCHASES, UPSIZING FROM $500M: BBG

Strategy has just announced a quadruple increase in its capital raise from $500 million to $2 billion.

They are scaling up their efforts, as the game is becoming increasingly crowded, and MSTR must stay ahead of the pack in terms of generating BTC for their shareholders.

I really pity the competition
How do they plan on beating this
Lol no wonder he's fond of sharing new buys by various treasury companies
Its like the Eldest child looking after the younglings.

Unconfirmed reports that Strategy is oversubscribed from their initial $STRC offering and will be increasing from $500 million to $2 billion.

The STRC is too attractive to investors
And subscription was more than they expected
Not surprised about that. Even I am caught

[fillippone]

Unconfirmed reports that Strategy is oversubscribed from their initial $STRC offering and will be increasing from $500 million to $2 billion.

The STRC is too attractive to investors
And subscription was more than they expected
Not surprised about that. Even I am caught

That was actually the news:

Strategy increased the size of its latest sale of preferred equity to $2 billion from $500 million, according to a person familiar with the matter.
The company is set to price the Series A Perpetual Stretch preferred shares at $90 each, with an initial dividend of 9%, according to the person.
Strategy intends to use the net proceeds for purposes including acquiring Bitcoin, according to the text.

STRC is a too good deal to pass on: very low volatility (supposedly).
9% dividend yield.
Better than Italian stock market!

[JayJuanGee]

My own assessment is that The Sceptical Chymist continues with his overly skeptical doubting Thomas take, even though sooner or later in this here world he might have some ability to say "look, I was right,"

I think this is the same reason why he's in it for Bitcoin.
Strong potential low risk. Same applies to me.
Like you said one isn't obliged to buy the various stocks of MSTR and other copies.
Even staying on the sidelines and waiting to see how it goes wouldn't cost much as long as you own your Bitcoin.

Overall our bitcoin bags are still pumped quite greatly by Saylor/MSTR's bitcoin accumulation strategies and the various similar behaviors of an increasing number of companies and/or even governments doing similar things to follow the Saylor/MSTR bitcoin accumulation strategy.

Surly guys who are still accumulating bitcoin might well be disadvantaged by the bitcoin price pumping, yet still they are better off to be still accumulating bitcoin as compared with a large number of folks who are have not accumulated any (no coiners) or many (low coiners) and who might not be planning to accumulate more because some of them may well be waiting for dips that might not end up happening.

For example, I live in a developing nation where Real Estate is starting to get attention( I'm talking about lands and the likes not their stocks)
After Bitcoin, they come second in my portfolio and some shares scattered around
I personally believe this covers enough for me for now so trying MSTR and the likes is a problem for future Batman.

Fair enough. Each of us have to figure out the extent to which we might feel needs to invest in other assets besides bitcoin, which also depends in part based on how many bitcoin we already have accumulated and other aspects of our life circumstances.

as you may have noticed I suppose allocation 10% of portfolio for assets that now are used for alternative corporate treasuries. many companies are raising hundreds of millions to buy some ETH or SOL and who knows how far this may go. if there were treasuries based only on BTC certainly investing in altcoins wouldn't make sense. of course I don't propose investing in such shitcoins like SHIB, PEPE and many others similar but having some ETH or SOL won't hurt. besides it will be possible to swap them for BTC if they show some kind of abnormal growth. the ultimate goal is to build up more reserves in BTC and if altcoins would help, why not? )

The number of people that have survived this strategy are few.
I still can't comprehend how people consider investing in Bitcoin and altcoins as diversification.
Why make things complicated if it can be made easy.

People who believe that they need to invest any more than 10% into various shitcoins or shitcoin derivatives likely do not understand bitcoin... or alternatively they are using shitcoins as a trade, such as what some insiders to those scams do.

MICROSTRATEGY PLANS TO RAISE $2B FOR BITCOIN PURCHASES, UPSIZING FROM $500M: BBG

Strategy has just announced a quadruple increase in its capital raise from $500 million to $2 billion.

They are scaling up their efforts, as the game is becoming increasingly crowded, and MSTR must stay ahead of the pack in terms of generating BTC for their shareholders.

It seems to me that MSTR already set the pace, the increase in the various other products likely contributes towards increasing demand towards MSTR and its products rather than taking away from MSTR, even though surely at various points along the way interest in the product will slow down (with downturns in the BTC price - that can happen at any time, or when the targeted market matures, seems to be quite a ways down the road, maybe more than 10 years to really break into the market, yet the can also be some manifestation of a market that had not previously been there).

[Bluedrem]

MICROSTRATEGY PLANS TO RAISE $2B FOR BITCOIN PURCHASES, UPSIZING FROM $500M: BBG

Strategy has just announced a quadruple increase in its capital raise from $500 million to $2 billion.

They are scaling up their efforts, as the game is becoming increasingly crowded, and MSTR must stay ahead of the pack in terms of generating BTC for their shareholders.

Micro Strategy's Bitcoin purchase is good news for general investors, but also a cause for panic because-

Micro Strategy's sole dominance in Bitcoin worries me a lot. We all know more or less how much Bitcoin Micro Strategy is reserving alone, so if they need to sell Bitcoin at some point, when they sell it, its impact on the Bitcoin market will be like this.
Although it is unknown how they will sell at night, it is conceivable that if they start selling Bitcoin, there will be two types of effects on the market.
1. Buyers will panic and lose confidence in Bitcoin.
2. The supply of Bitcoin in the market will increase as a result of selling Bitcoin.

The number of investors will decrease due to panic and loss of confidence in Bitcoin, and since the supply of Bitcoin in the market is high, we will see a massive crash in the price of Bitcoin as a result.

So I think if there were one or two more companies to compete with MicroEstategy, the risks mentioned above would have been reduced to a large extent.

So we, the general investors, always want more Bitcoin holding companies like MicroEstategy in the market.
Always good luck for Bitcoin "Long live Bitcoin"

[Just Common]

Strategy just increased its total $STRC offering AGAIN - $2.8 Billion to buy more Bitcoin.




https://x.com/fiatarchive/status/1948543201348124684?t=oW4nXNHLD0MLvNB6WBqvPA&s=19