by @krugermacro
"Microstrategy included in the Nasdaq. So people have to buy MSTR because its in the index which means Saylor can sell more shares and converts to buy more bitcoin which pushes bitcoin up and then MSTR goes up which means you have to buy more shares to match the index, rinse and repeat. Bitcoin to infinity."
It doesn't matter if Microsoft, Apple or Amazon don't have Bitcoin in their treasury because in 5 years MicroStrategy will be the richest company in the world.
Things just happen, but they don't happen the way we thought they would.
nostr:note1dfke8v344mdsktxzhcfu4lf64z587tqmxjw03uue3p7ne6l5uq9s45c2aa
Crazy this worked out
This entirely misses that there are second-order and higher-order effects in almost any system, that at least partially counter the first-order effects.
