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It's even worse than that. This isn't cash MSTR has on hand; they're raising new cash by issuing convertible bonds. As an investor, if I want to bet on BTC, I
by stickfigure 6y ago
It's even worse than that. This isn't cash MSTR has on hand; they're raising new cash by issuing convertible bonds.
As an investor, if I want to bet on BTC, I can just buy BTC. Why would I buy this weird hybrid of business intelligence software company and holding company?
- runako 6y agoBorrowing money to buy BTC is...something. I'm surprised the board lets any of this fly.