The fact that more public companies haven’t run the MicroStrategy playbook yet is kind of wild actually.


True, but I believe  more will have to make the switch or they'll cease to exist in the future.


Nobody runs the Berkshire playbook either.


Gotta love asymmetric knowledge


River did a report on this a bit ago. There might be more coming around the corner.

https://blog.river.com/business-bitcoin-adoption-2024/


Looks like a money printer. Any idea why not?


There should be more companies that stop producing goods and instead bet on an increase in Bitcoin speculation?


They lack courage. Don't want to stick their heads above the parapet.


people afraid to rock the boat plus restrictions


They don't have the knowledge required for the conviction. Kinda impressive considering the lack of understanding Saylor displayed when he went of Saif's show.

I know someone who believes that it must be an individual, organizations by their nature cannot hodl. I think that will change once bitcoin is just money, but it seems true today.


In the company I work for, which at that time was public, the CFO got confronted with the question in an AUA why they don’t convert partly to bitcoin for treasury purposes. The answer baffled me: “I don’t understand bitcoin. It seems interesting but I just don’t get it”. This is now 4,5 years ago. Still no BTC on the balance sheet and a missed opportunity.


LOVE FROM UTAH 🧡


A lot of it is probably down to weird accounting practices in the US - Up until spring this year you had to account BTC as a intangible asset. This basically meant you could only write it down on paper, never up. That was of course really stupid and now you can just account it at fair market value. But this probably hampered corporate adoption quite a bit while it was still a factor.


IMO board members of the most influential public companies are mostly risk averse and they like the risk free 4%+ on dollars.


💯
I have the feeling there are many behind the scenes getting their corporate ducks in a row though.  Dell, for example.


How many struggling/zombie publicly traded companies are still founder controlled and with cash on balance sheet?The question is when the perception flips from a Hail Mary strategy (Saylor) to simply another capital allocation decision.


Absolutely! Clearly there’s a room where it’s happening 👀


Shocking to us yes. But you have to think most of the companies without growth are no longer founder run. Some slap-dick CEO just wants to get his bonus and move on to another job. And the zombies probably just want to get sold before they die


Yes, but some of them will realize that the traditional non-risky move may be the riskier option.


Bro our periods are syncing. Are you my twin? We just posted the same thing at the same time approx


fuck U money


yeah i also dont get it,
maybe it takes to much time to convince all the board members


Most public companies don’t have founding CEOs. No leadership teams with appetite for risk.


We are smart.


The fact that more public companies haven’t run the MicroStrategy playbook yet is kind of wild actually.


Tootsie Roll could do it


Agreed surprisingly but maybe other factors preventing them from doing so like a board or investors there are still a lot of people that hate Bitcoin and digital assets either they can’t understand it or have been burned by it either way you look at it it’s an inevitable just a matter of time


I work for a public company and write a convincing letter to look at what Microstrategy is doing every time they send out surveys or ask employees for ideas. Nobody has acknowledged it yet or given me any feedback unfortunately... 😕


Onward 🫡


Microstrategy is a better investment than #bitcoin this year. Could this continue?


Why is that?

Shouldn't companies do whatever their core business is (manufacturing, agriculture, retail, etc) rather than leverage up to speculate in currency markets?


STAY HUMBLE AND STACK ZAPS


give em time


Yeah but it’s a no brainer that it will happen


quite bizarre


I feel your frustration


only a matter of time imo


I listened to nostr:npub1pyp9fqq60689ppds9ec3vghsm7s6s4grfya0y342g2hs3a0y6t0segc0qq  podcast interview last week and he seemed to conclude he doesn’t expect a lot of corps will follow the mstr playbook given the rare combo of experience in trad finance, a deep understanding and conviction in bitcoin, and an ability to wrap one’s head around the idea that diluting one’s stock can be a net benefit. It flies in face of common wisdom in corporate finance.

🤷


Be the change 🫡


I think it’s a clear indication as to the unique MSTR situation

A business still controlled by the founder to a large degree


Absolutely this plays a role

I do know many private businesses following it


Is the playbook an actual published doc?


And the soon to be leader of the "free world" is getting ready to mint a new shit coin...we are still soooooo early 😂