This is exactly how #dotCom bubble shaped up . Just adding a dot com website didn't make you an internet company .. Likewise buying bitcoin on treasury with borrowed fiat doesn't make you a Microstrategy. To emulate Saylor , you must have Saylor's conviction and vision .. or else we are crawling fast towards a #dotCoin bubble ..
The key charater of bubble is we lose connection to the underlying reality .. truth is no one buying coffee with btc just the way no one was running real ecommerce in 1999 .. there was no social media ..no smart phone ..