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If a company like MicroStrategy starts investing in Bitcoin instead of reinvesting in own business it means it has no good ideas how to generate value as a comp
by dgudkov 6y ago
If a company like MicroStrategy starts investing in Bitcoin instead of reinvesting in own business it means it has no good ideas how to generate value as a company. In other words, it doesn't believe its own business can generate more revenue than Bitcoin trade.
They may be genius Bitcoin traders, but clearly they are no longer Business Intelligence visionaries as they once were. A famous company that now admits it has no future. That's how I see it.
- biggie88 6y agoYup, and their stock price since their 2000s bubble has been completely flat.Why not innovate your way to more value then rely on a fledgling technology that has decades probably to prove itself.