Good investment for the people loaning the fiat to Saylor for convertibles, since they get a free roll on the stock and their loan is backed by bitcoin but it is a shitty deal for regular stockholder.

UNLESS $MSTR never has a bad quarter moving forward and the economy doesnโ€™t crash.

๐Ÿคท๐Ÿปโ€โ™‚๏ธ

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The logic would be that he can keep leveraging and buying more Bitcoin at a pace you yourself couldnโ€™t do. Again, not saying good or bad but it makes sense if you believe Saylor is going to keep doing this, and you are willing to take on all the other risks associated with owning stock instead of Bitcoin. There are outsized fiat gainz to be had if thatโ€™s your thing.