I know I'm not missing the point I thought Bitcoin was proof of work like you do work and you get the Bitcoin sailor aint doing no work. And y'all rooting for that. Stop buy his fiat shit stock. His company is a failing company the generates no cash.
$2 billion here, $2 billion there...
Eventually it gets converted into quite the Satoshi Stash!
#bitcoin $MSTR #strategy
https://www.strategy.com/press/strategy-announces-pricing-of-convertible-senior-notes_02-20-2025
Discussion
Blockchain difficulty is the proof of work.
I like sailor, he's a cool dude ๐
But I wouldn't want his stock over Bitcoin ๐งก
Ya his bitcoin talks are amazing but people need to stop buying his stock hahaha
You can watch $MSTR / Saylor moves to understand how Bitcoin demand is growing. You don't have to buy his stock or his bonds. It is one data point related to the market of Bitcoin's supply and demand.
I think it's a lot more "institutions" that buy it ๐ค
Buying a stock is easy for them, buying Bitcoin is hard with all the regulations.
A private person has it a lot easier to buy Bitcoin ๐ฅณ
And since everyone will want Bitcoin at some point it's only natural for companies to buy it themselves soon, instead of mstr stock
So I think it's all gonna work out fine ๐ธ
$BTC is about supply and demand. $MSTR is raising fiat to convert into Bitcoin. You can ignore what $MSTR and MetaPlanet and $SMLR and $MARA and the ETF's and others are doing to increase Bitcoin demand, but that won't make it go away.
