Saylor just needs to buy an insurance company now so he can invest the float in Bitcoin.
I wonder what the price has to go to before other public corps start copying the strategy. It is hard to replicate. You need control over the board, a business that spins off a lot of cash and a slightly crazy CEO/Founder. Even if Musk was a true bitcoiner (clearly not) the strategy was never going to work for a capital intensive company like Tesla. Software, financial services, insurance, all good candidates.
I wonder what the price has to go to before other public corps start copying the strategy
Maybe if it dropped to 15k like some predict it may.
reply
Yup, they're in a unique spot for sure. I love the guy's boldness and decisiveness, wish he would direct some of the energy in an adjacent direction.
reply