So these dumb suits are throwing money at Mike saylor so he can bitcoin for them? I don't get it
Discussion
Some orgs can't legally buy bitcoin directly, but they can buy Saylor's convertible notes. In his talk with Odell he explains a lot of this and it really made sense. He's catering bitcoin to fiat world where it would otherwise be impossible.
They can't buy #bitcoin the money are locked in the banking system. if we fell (the banks) you fell with us (the suits).
When you denominate your net worth in bitcoin the only investment you can make must outperform bitcoin or else you are losing in real terms.
But you can't buy microstrategy with bitcoin and I don't think you would want to.
Not directly but you can sell MSTR > USD > BTC.
You can denominate anything in BTC with some quick math.
Just make it the unit of account instead of fiat to track net worth.