Saylor’s sitting on ~640,000 BTC — that’s the equivalent of over a decade of future block subsidies. Roughly 11 years of global proof-of-work, stacked inside a regulated corporate shell funded by cheap debt.
Hashrate sweats for it.
He just issued paper and we cheered him on😂
#Bitcoin 🍿
Miners use cheap debt to purchase equipment and build data centers
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At their own peril, how cheap was their debt?
Should Saylor have opted for more expensive debt to make it fair to everyone else?
He accumulated the next 11 years plus of proof of work mining with nothing but sales. He cracked proof of work
If he is a bad actor, he make the organic stock to flow insignificant