Oddbean new post about login | logout Wall Street execs out there still acting like they ride the short bus to the office when Saylor has given them the literal cheat code. No need to go bonkers like Saylor but when companies are sitting on 75 billion dollars of cash it would probably be prudent to take a single-digit position in bitcoin rather then literally light the money on fire with buybacks. Still early. https://m.primal.net/LlCp.png https://m.primal.net/LlCq.png
Saylor(lol) can sit down when Microsoft (Nadella) produces Microstrategy's entire market cap as a quarterly revenue. FYI from Microsoft release: "Revenue was $64.7 billion and increased 15% (up 16% in constant currency) for the quarter ended June 30, 2024," There is no second best... nostr:nevent1qvzqqqqqqypzqvuw7uhrmm4a5wz6ah49azdc0mp45lffd49fkeptktq6mynqqldhqqst6jjg8dak72evw4pypl8q8096w8gsvyxswvhc9lewycgukggkelg0nvfhp
