I have finally figured what MSTR is doing: demonetizing the stock market.
Say what?
You see, most of the value of stocks is in the future. That’s what a PE of 20 means (95% of value is future value). WTF is a PE of 20 if not a store of value? Stocks have acquired a store of value premium. This is a money function being transferred to stocks.
MSTR is taking the savings aspect of stock holding away at a premium and buying bitcoin instead.
The same thing will happen to art, real estate, bonds, etc.