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I dont put them in the bitcoin tech company basket. They just buy bitcoin - nothing wrong with that. Microstrategy isn’t trying to sell bitcoin services or bitcoin tech as far as I know.

Matt 1mo ago

Does selling preferreds count?

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Discussion

Allen 1mo ago

I don’t pretend to understand how those financial games work. As far as I’m concerned selling preferreds is not a viable longterm business

Simon (2.₿y.2) Kofah 1mo ago

Fold?

Allen 1mo ago

Are they profitable?

Simon (2.₿y.2) Kofah 1mo ago

Glancing through their reported data, seems they are...

Allen 1mo ago

Nice- just glanced at their Q3 report. Looks like they’ve added nearly 500 BTC to their treasury. Very impressive. Gotta give them credit. FOLD is doing good work.

Matt 1mo ago

Guess we’ll see