Anybody remember when MicroStrategy became a "Bitcoin Development Company" exactly 1 year ago?
Discussion
So you’re giving them shit because it took them some time to figure out what they would become as a company?
You got them so good 👍🏼
The scepticism is well warranted. Notice how Saylor doesn't talk much about cyber hornets anymore ?
There is no arguing they are a bitcoin treasury company. No one holding MSTR cares whether or not he talks about the cyber hornets
They've given up their pretence of being a Bitcoin development company, that's Lopp's point
And many more ppl follow what Saylor says and does, beyond MSTR holders
Companies pivot all the time. Meta wasn’t pretending to work on the metaverse and AR, they weren’t having as much success so they pivoted.
He doesn’t owe anything to non shareholders.
Things are very different since Q3 Earnings call:
https://primal.net/e/note1zkwm3d5r6u49z96jv204kaxy2quy4gdskg7s4s07hvdh8y0f8h7s56yv7t
A "bitcoin price development" company, you mean?
Nobody cares. Not too long ago Michael reckoned Bitcoin would mee the same faith as online poker. Now he's stacking like some of us did a decade ago and online poker is still a billion dollar business. 🤷♂️