No doubt it's had temendous success but the issues started when it became financialized and it will be beholden to it. While it's touted as digital gold it doesn't trade like it, and it doesn't have the same dynamics of the gold market.
Saylor is adopting Hunt Brother tactics that won't end well and should never have been allowed to build such a net concentration, and at the expense of printing preferred shares and dilluting shareholders. It just reeks of ponzi, and the moral hazard as well knowing he would need to get bailed out if shit really hit the fan. Whether it's Saylor or not, I forsee MSTR going the same ways of LTCM finanial wizardry.
No doubt it's had temendous success but the issues started when it became financialized and it will be beholden to it. While it's touted as digital gold it doesn't trade like it, and it doesn't have the same dynamics of the gold market.
Saylor is adopting Hunt Brother tactics that won't end well and should never have been allowed to build such a net concentration, and at the expense of printing preferred shares and dilluting shareholders. It just reeks of ponzi, and the moral hazard as well knowing he would need to get bailed out if shit really hit the fan. Whether it's Saylor or not, I forsee MSTR going the same ways of LTCM finanial wizardry.