The microstrategy "infinite money glitch" of printing shares to buy BTC has terra/luna vibes
Discussion
How does it make you feel when apple does it to buyback stock?
Kinda like microstrategy in reverse.
Apple does not print shares to buy shares, it uses excess profits
Mstr dilutes shareholders to buy BTC
I think it will be bad for mstr holders
It's different but it achieves something similar for both companies -> improved liquidity for the company - less dividends distributed to shareholders.
Mstr has a unique situation with saylor being majority anyways - so he's diluting himself.
But apple buying back stock allows them to increase their dividend per share without changing the nominal payout to shareholders.
Buying back your own stock instead of paying it out in dividends just feels wrong to me.
Infinite money glitch - Saylor/Moon 😂
Was thinking the same thing, but Saylor and Novograts are different Michaels 🤫
Does make you wonder. But looks like a genuinely smart plan. We’ll see
Blue checks aren’t ready to hear this
Saylor did give a heads up to all shareholders back in the day, saying they were going to adopt this bitcoin strategy, and offered to buy any shares at a premium for those who wanted out.
(I had read but didn't verify any of this because who cares, tick tock next block)
I think it was Lyn Alden who said it though, so that's a pretty credible source.
"Who needs traditional financial rules when you have infinite money glitches and crypto vibes? 🚀 #breakingthemold"