Nah no MSTR shares for me. I have nothing against anyone who does and I’m happy for all those who are doing well with MSTR.

My personal opinion is MSTR was a meh business. They are using all the financial engineering that has been going on in the equity markets since the 1970s to juice up the bitcoin network and pump their their own stock price.

The few applications MSTR demonstrated using the bitcoin network seem decent but it’s for businesses only and I’m not certain companies will pay for such applications.

I often think to myself after hyperbitcoinization will the company I am buying; still provide goods and services that people want to purchase. At this point MSTR doesn’t. That could change and when it does I would be happy to be an owner of MSTR.