I think they should have chilled out during the hype cycle and made all those crazy moves when people are saying Bitcoin is dead, but you live and you learn and it seems MicroStrategy is going through the same learning lessons that us plebs had to learn the hard way.

nerd2ninja

Smart move: you sell a promise in exchange for hard money.

DarthCoin

bitcoin

On Sept. 09, MicroStrategy filed with the SEC to sell $500 Mn of MSTR shares through Cowen Co. & BTIG LLC (investment banks). As per the filing, the proceeds generated via the sale of stocks would be used for “general corporate purposes, including the acquisition of bitcoin”. 

What do you make of it ?