There is someone reading this right now that bought Bitcoin at 6 digits
YES THAT WAS MEGIVE ME MY MONEY BACK!!!
haha just 5 digits for me
>>62430865only the greatest fool would do such a thing
>>62430865There is somebody out there who bought MSTR at 400.
>>62431003I don't understand why someone would buy MSTR over an ETF.
>>62431029it's really stupid IMO to buy MSTR which has a bunch of debt obligations and legal scrutiny. but the idea is it can work sort of like a leveraged BTC play - the whole point of MSTR's financial strategy is to try and increase the BTC per share of MSTR over time. that worked for them when the company was valued above its total btc holdings (mNAV > 1.0) but recently the mNAV has collapsed so they can't sell shares to increase their btc/share which is why they are going to do stock buybacks and sell btc now
>>62430865couldn't be me. *I* bought at 96k