Oddbean new post about | logout
 I have to say it...MSTR was obvious. 
-holding more bitcoin than any other publicly traded company
-halving year
-dying democracy with failing currency
-Tradfi brokers and institutions giving the stock extraordinarily low ratings, but holding shares themselves
-S&P inclusion imminent

I'm not saying the price won't tank when they execute the sales of shares to buy more corn, but price appreciation was glaring.

With funds locked up in brokerage accounts and structures that take time to unwind, this was a no brainer that ultimately allowed me to stack more bitcoin than I would have otherwise. 

Hate the system, not the operator. Manage your risk.