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“We can leverage our market cap in order to issue equity, issue debt, buy back our debt, we can restructure our capital structure so that our shareholders get more Bitcoin,” stated Saylor.

The MicroStrategy executive chair likened this strategy to developing real estate, saying the company is issuing securities to buy more Bitcoin. Saylor added that this pivot is also “to promote the Bitcoin network, lock up the Bitcoin forever, and build the entire ecosystem.”

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Behind_the_stick 1y ago

"Lock up the bitcoin forever.."

Isn't that the Black Rock attack vector? Keep buying, never sell, and wait it out a few decades until you reach a critical mass? The game theory doesn't help much if they position themselves to be filthy rich whether bitcoin wins or not..

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