The price of MicroStrategy stock surging above $200, the MSTR bulls were out in force last week, insufferably posting about how Michael Saylor’s tech firm, a once dead tech company from the dot-com era, will outperform everything again this cycle.
Look, I’m not going to even start parsing the hokum. You can follow BitPaine, Dan Hillery, or one of the hundreds of Bitcoin X accounts which now comprise the MSTR bull twitterverse.
There’s videos, threads, and of course, a lot of people who are irresponsibly long…
But the general gist is this:
Michael Saylor’s has decided to buy over 200,000 BTC, and to keep buying Bitcoin until the fiat system collapses. He will continue leveraging cheap debt to do this, which he can borrow because this is how the fiat system works, infinite money glitch.
This will make his company more valuable than other companies – since it offers exposure to a valuable and scarce commodity (Bitcoin), but with added beta due to the companies
We współpracy z: https://bitcoinmagazine.com/markets/buy-michael-saylor-mstr-stock-for-no-reason
