Replying to Avatar Leigh

What’s the micro, micro, MICRO version of Microstrategy $MSTR?

My crude summary of Saylor’s move is to issue corporate debt to buy bitcoin, and as it has appreciated significantly over time, the value of MicroStrategy's holdings has surged, outstripping the costs of the loans.

A bold arbitrage.

So, I’m keen to know if anyone is doing this at a lower level - eg a private, bland business?

I own a biz generating 27% NPAT.

#bitcoin #business
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Telluride 1y ago

nobody knows about private companies of course but there are a lot of companies copying Mstr strategy.

https://bitcointreasuries.net

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Leigh 1y ago

True, but some private companies and solopreneurs “build in public”.

Here’s one I stumbled upon: https://bitcoindentist.com.au

A dentist roll up diverting cash to bitcoin!