Because those bitcoiners are concerned with their own stack. Let Mickey play his fiat games, he gets burned on a custodian thats his problem
Discussion
Yeah everyone seems so caught up in the gains that they forgot the don't trust verify part of bitcoin
In all honesty how much of that alleged stack is self custodied by tge company in a multi sig vs being held by a third party?
I think most of it is with Coinbase and Fidelity
Most will probably flow into BNY Mellon when they're going
But we still need to see balances
Do we? What does seeing his or MSTR balance do for anyone thats not a shareholder?
Public company. Jail for lies.
Public Disclosures: MicroStrategy regularly discloses its Bitcoin holdings in its financial reports, including its quarterly and annual reports (10-Qs and 10-Ks) filed with the U.S. Securities and Exchange Commission (SEC). These disclosures include the number of Bitcoins held, the average purchase price, and the current market value of their Bitcoin holdings.
- Press Releases and Statements: The company frequently issues press releases to announce new Bitcoin purchases or updates on their strategy. For instance, they've publicly stated their intentions to continue accumulating Bitcoin with plans to raise significant capital specifically for this purpose.
- Bitcoin Holdings Chart & Purchase History: Websites like treasuries.bitbo.io provide a visual representation of MicroStrategy's Bitcoin holdings based on public disclosures, showing the growth of their Bitcoin stash over time.
- Audit and Transparency: While MicroStrategy does not have a direct, live proof-of-reserves like some crypto exchanges might, their regular SEC filings provide a form of audited proof since these are subject to regulatory scrutiny and require accurate reporting.
Right. Just like that Sam guy whose parents were compliance lawyers. Hope he isn't dropping the soap these days...
Yup. And Voyager.
Yeah that gives me zero reassurance
The whole point of bitcoin is that we don't need to rely on corrupt auditors
Agreed. Just pointing out the obvious.
Equity in a company is not Bitcoin
Idk why people are confused about it
If he went on air and just told people to buy bitcoin we’d have a very different reality right now.
That’s all he does lol. Have you even listened to him talk?
Nobody has minted more bitcoiners than Saylor over the past 4 years
Pretty sure he told people to buy his bonds and his converts last week. Didn’t mention buy bitcoin. He’s a maxi and an advocate and has orange pilled many, MSTR is great. But if you haven’t noticed a change in behavior the last 3 weeks I don’t know what to tell you. I’ve got a weird feeling that’s not sitting right.
I highly doubted it. But even if he did, “people” can’t buy his bonds; only qualified institutional buyers can.
Addresses or it didn’t happen so there !