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💯, I don’t understand why people are okay with buying stocks with less than 100% #Bitcoin treasury reserves.

I don't normally buy stocks at all when I can just buy bitcoin. In this case I have family money I couldn't put where I wanted to. So since it is in Vanguard, I put it all into MicroStrategy.

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Discussion

chowcollection 1y ago

I’m surprised they didn’t block MicroStrategy too

William ₿ Travis 1y ago

I was surprised when they opened up their system last year to allow retail customers to build their own portfolios. I moved everything we had there out of worthless funds into MSTR.

I think we'll see them offer the bitcoin ETFs when the new CEO starts. Even if they had, though, I would still have chosen MicroStrategy.

chowcollection 1y ago

Vanguard is going to lose a lot of customers if they have to wait until next year for the policy to change.

William ₿ Travis 1y ago

Question is whether they care about retail. I bet they will offer ETFs to institutional customers. How can they say no?