4 ms·

There's some real comedy in this line: “The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and ac

by pradn 6y ago

There's some real comedy in this line: “The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin ...”. What even is the connection!

edoceo 6y ago
Technology!
loceng 6y ago
To use analytics to buy/sell more efficiently in the MLM scheme.
dmitryminkovsky 6y ago
Yeah dual, totally disjoint “focus” is remarkable. I liked this a lot too: > “We believe our bitcoin strategy, including our bitcoin holdings and related activities in support of the bitcoin network, is complementary to our software business, by enhancing awareness of our brand and providing opportunities to secure new customers.”
- rtrdea 6y ago
  It's advertising
  - deleted 6y ago
    [deleted]
  - jamesrr39 6y ago
    Yes. A $1B advertising campaign! One might imagine there are more effective ways to run an advertising campaign. At any rate, it sure makes those superbowl advert campaigns look cheap.
- jcranmer 6y ago
  I think it's trying to say "by being known as the Bitcoin guys, we'll get free advertising for our existing products!" I don't believe it, though, as all I know about MicroStrategy is they're betting on Bitcoin.
  - toyg 6y ago
    Man, I remember their stuff from 20 years ago, I'm actually surprised they're still around and with this sort of cash. Then again, for some of the hard problems in their space, it's not like we've seen much evolution... the BI space is dominated by fads.
  - loceng 6y ago
    They're aligning with the army/mob of people who own Bitcoin, who are part of the MLM scheme - that's trying to replace the financial transactional layer with one that rewards you in the future for adopting it, assuming you're not the last adopters left holding the bag.
DebtDeflation 6y ago
>What even is the connection! The economy is currently in the middle of an enormous asset bubble. Them buying SP500 Index Funds or Real Estate would probably raise more eyebrows, but they're a tech company and Bitcoin is tech stuff so it's ok or something.
- navaati 6y ago
  Whose eyebrows ? Can't a company invest however they wish ?
rafale 6y ago
Free marketing.
stunt 6y ago
Looking at the CEO's Twitter feed, he's clearly obsessed with customer satisfaction and employees' growth. https://twitter.com/michael_saylor https://twitter.com/michael_saylor
- Apofis 6y ago
  Reminds me of a Bitcoin 'investor' scammer's account.

by pradn 6y ago

edoceo 6y ago

Technology!

loceng 6y ago

To use analytics to buy/sell more efficiently in the MLM scheme.

dmitryminkovsky 6y ago

Yeah dual, totally disjoint “focus” is remarkable. I liked this a lot too: > “We believe our bitcoin strategy, including our bitcoin holdings and related activities in support of the bitcoin network, is complementary to our software business, by enhancing awareness of our brand and providing opportunities to secure new customers.”

rtrdea 6y ago
It's advertising
- deleted 6y ago
  [deleted]
- jamesrr39 6y ago
  Yes. A $1B advertising campaign! One might imagine there are more effective ways to run an advertising campaign. At any rate, it sure makes those superbowl advert campaigns look cheap.
jcranmer 6y ago
I think it's trying to say "by being known as the Bitcoin guys, we'll get free advertising for our existing products!" I don't believe it, though, as all I know about MicroStrategy is they're betting on Bitcoin.
- toyg 6y ago
  Man, I remember their stuff from 20 years ago, I'm actually surprised they're still around and with this sort of cash. Then again, for some of the hard problems in their space, it's not like we've seen much evolution... the BI space is dominated by fads.
- loceng 6y ago
  They're aligning with the army/mob of people who own Bitcoin, who are part of the MLM scheme - that's trying to replace the financial transactional layer with one that rewards you in the future for adopting it, assuming you're not the last adopters left holding the bag.

DebtDeflation 6y ago

>What even is the connection! The economy is currently in the middle of an enormous asset bubble. Them buying SP500 Index Funds or Real Estate would probably raise more eyebrows, but they're a tech company and Bitcoin is tech stuff so it's ok or something.

navaati 6y ago
Whose eyebrows ? Can't a company invest however they wish ?

rafale 6y ago

Free marketing.

stunt 6y ago

Looking at the CEO's Twitter feed, he's clearly obsessed with customer satisfaction and employees' growth. https://twitter.com/michael_saylor https://twitter.com/michael_saylor

Apofis 6y ago
Reminds me of a Bitcoin 'investor' scammer's account.