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Replying to Avatar Cyph3rp9nk

I see a lot of confusion.

Saylor doesn't buy Bitcoin for Microstrategy because he loves Bitcoin, Saylor buys Bitcoin for Microstrategy because Microstrategy shares have become an alternative vehicle to get exposure to Bitcoin in the absence of an ETF and he keeps buying because his model has certain advantages over an ETF such as no management fees.

Saylor simply uses Bitcoin for his own benefit, if one day his model is no longer profitable, he will sell it.

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Dan 2y ago

I was talking to Bitcoin the other day and it was actually saying how it does not care who owns it or why they own it

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Cyph3rp9nk 2y ago

Effectively it does not matter, but it does matter to understand why someone like Microstrategy buys it, in order to understand also when selling it.

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