Microstrategy just passed 100b valuation. It's bigger than Intel and it doesn't even produce anything.They have negative earnings, and they are a top 150 U.S. company.
What is this bullshit?
QNT is my BTC
>>59253882save in bitcoin and become the wealthiest among your family.company save in bitcoin and become wealthiest among companies.also every business model now is to hemmorhage profits to offer the best value and get market share and offset all that through rising stock
I like it.
>>59253882It's going to be included in the S&P500 in January and is going to $3,000 per share by the blow off top in 2025.You've been warned.
>>59253977I save in QNT because I think it’s as good as alien technology
>>59253882lol
>>59253882What’s the valuation of the federal reserve?
>>59253882that's just multi million dollar finance broit doesn't have to make senseit's finance don't gotta explain shit
>>59254017itll dip when btc dips
>>59254442BTC won't dip again.Microstrategy is buying more coins than are being mined. It's an infinite money glitch that can't be stopped.
>>59253882we like the stock
>>59254518microstrategy is a deflationary scheme on bitcoin. the supply of bitcoin is known and it's very low among cryptocurrencies, hence it's extreme value. they drive the value up by monopolizing it.still, it can dip if enthusiasm runs low, if major profit-taking occurs, or if there is a world war or disruption of the internet. bitcoin is extremely fragile to system shocks. no one wants to hold bags if the world is ending.