RE: Buying Bitcoin As A Company Doesn't Make You Bullet Proof
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What can I say, bitcoin is huge and all that money at s standpoint will make a firm looks valuable regardless of their playbook and lazy output. I guess it's just about looking good on on paper for orgs like MSTR
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I guess we won't know until we see how these companies run over the next few years! I don't think Michael was aiming to juice his books I think he really just wanted to secure his retained earnings and then realized the buying opportunities are still there and went for it
He could however become the Lewis Reneri who came up with the idea of the mortgage backed security which is a good idea and then the market took the idea and turned it into a time bomb that crashed the world economy
Well all I know is that eventually this will be proven by how far they aim to improve their servicing and product and also incur new ways to attract customers and deliver at a high level or consistency in the long run.
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