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Thanks for that link, its a good one to have!
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What is mstr?
Strategy borrowing against assets as collateral to pay their expenses?
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What is mstr?
used toilet paper
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😀
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rich people never sell their assets, they borrow against them as collateral to pay their expenses.
100% explanation for fractional reserve hahahaha
and clueless people still fall for this trap.
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I remember first listening to Saylor and he would describe how rich people never sell their assets, they borrow against them as collateral to pay their expenses.
When Saylor and his insider friends began selling mstr (they're still at it https://www.marketbeat.com/stocks/NASDAQ/MSTR/insider-trades/ ), it became obvious that they knew mstr wasn't an asset.