I don’t think so. Saylor is jigging for the credit rating agencies. He’s got a B- rating which is an absolute joke.
Retail was never the big fish. It was always to go after the massive credit/treasury market.
Same with SATA.
Sure he took an early gamble and it appears to look foolish but the dividends are still secured. Even if he has to dump bitcoin he can still pay the dividend.
The balance sheet is way too strong and he can always sell stock (which is why the stock market exists in the first place) to raise capital. The big fear is MSTR holders dump but the equity will fall below the balance sheet of the company.
The market did the same exact thing to Robinhood almost 3 years ago and now Robinhood has crushed bitcoin’s fiat performance due to this terrible mispricing.
I don’t think so. Saylor is jigging for the credit rating agencies. He’s got a B- rating which is an absolute joke.
Retail was never the big fish. It was always to go after the massive credit/treasury market.
Same with SATA.
Sure he took an early gamble and it appears to look foolish but the dividends are still secured. Even if he has to dump bitcoin he can still pay the dividend.
The balance sheet is way too strong and he can always sell stock (which is why the stock market exists in the first place) to raise capital. The big fear is MSTR holders dump but the equity will fall below the balance sheet of the company.
The market did the same exact thing to Robinhood almost 3 years ago and now Robinhood has crushed bitcoin’s fiat performance due to this terrible mispricing.