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> MicroStrategy invested ... in Bitcoin as a treasury reserve asset ... [and] has spent over $2.2 billion purchasing Bitcoin [0] WTH? Why does a company with a
by jfrunyon 5y ago
> MicroStrategy invested ... in Bitcoin as a treasury reserve asset ... [and] has spent over $2.2 billion purchasing Bitcoin [0]
WTH? Why does a company with a $7b market cap need over $2b of "treasury reserve assets"?
[0] https://en.wikipedia.org/wiki/MicroStrategy https://en.wikipedia.org/wiki/MicroStrategy