🔔 Saylor The Saviour

 If you want to do your shareholders a $100 billion favor, convert the $TSLA balance sheet from USD to #BTC. Other firms on the S&P 500 would follow your lead & in time it would grow to become a $1 trillion favor.— Michael Saylor (@michael_saylor) December 20, 2020 

 Yes. I have purchased over $1.3 billion in #BTC in past months & would be happy to share my playbook with you offline - from one rocket scientist to another.— Michael Saylor (@michael_saylor) December 20, 2020 

 "When companies like Amazon plugged into the internet, people didn't say are you an internet or retail company?"@michael_saylor CEO @MicroStrategy discusses buying $BTC in his dual biz strategy & why all firms need to be smart about their $$$ holdings in 2021.

PART 1 pic.twitter.com/kdCC8sPEzy— Julia Chatterley (@jchatterleyCNN) February 9, 2021 

As of June 21, 2021, MicroStrategy holds an aggregate of approximately 105,085 bitcoins, which were acquired at an aggregate purchase price of approximately $2.741 billion and an average purchase price of approximately $26,080 per bitcoin, inclusive of fees and expenses. MacroStrategy LLC, a subsidiary of MicroStrategy, holds approximately 92,079 of the bitcoins.

“Once you know how it all ends, the only use of time is… how do I buy more bitcoin?

Take all your money and buy bitcoin.

Then take all your time, figure out how to borrow more money to buy more bitcoin.

Then take all your time and figure out what you can sell to buy bitcoin.

And if you absolutely love the thing, that you don’t want to sell it, go mortgage your house and buy bitcoin with it.

And if you’ve got a business that you love because your family works for the business and it’s in your family for 37 years, and you can’t bear to sell it, mortgage it, finance it, and convert the proceeds into the hardest money on earth, which is bitcoin.”

The stock and the Nasdaq stock market peaked on the same day, March 10, 2000.

The next day MicroStrategy admitted its glorious growth record was fiction, created by accounting practices that the Securities and Exchange Commission later determined to be fraudulent.

When MicroStrategy stock tanked -- wiping out more than $6 billion of Saylor's paper wealth in 6 1/2 hours of trading -- it took the Nasdaq market down with it. The bubble reinflated a bit, but it never recovered from being pricked by Saylor.

MicroStrategy was both a victim and a cause of the tech stock collapse.

"This time it's different"

The reality of MicroStrategy is that it was never anything but a third-tier software company, an outfit with a reputation and a stock price bloated by the bubble market in tech stocks.

MicroStrategy was no Microsoft, no Oracle, though Saylor fancied it one.

How Saylor turned what was once a $313-a-share stock and the biggest fortune in Washington into a $4.09 stock and a merely moderate number of millions is an amazing tale of hubris, hyperbole and high-tech hallucinations.

Did he have any premonition that he was guilty of hubris? No, he says.

Saylor has always said that what made MicroStrategy different was him.

He was "a visionary."

"I'm still a visionary" he told Leibovich. "I'm a bit more mature, maybe an older, wiser visionary."

“Once you know how it all ends, the only use of time is… how do I buy more bitcoin?

What makes Saylor so dangerous to investors is that he is sincere.

Though he was cited for fraud by the SEC, Saylor is not a con man.

He genuinely believes in his vision, his own version of reality.

Saylor envies other dot-com entrepreneurs who "jumped through the window" to the "pot of gold" before the window slammed shut

Indeed, he insists that "but for a technicality"--the restatement from his accountant--"we would have won." Saylor cannot help but blame bad luck--"a fluke."

"I made the mistake of being passionate and idealistic. ... That was my sin"

"Yeah, but I would probably manage the risk better."

 $MSTR the end game - a thread

Before we start remember that I am just an amateur cook typing some random numbers on a Casio calculator.

This is clearly not investment advise to anyone. It’s all just one big fucking fat joke. Without further ado, let’s dig right in.

1/N— Girolamo Pandolfi da Casio (@INArteCarloDoss) June 8, 2021 

 Some quick updates based on various interactions on the back of my original thread. I will do it in 4 parts: governance, stock, biggest of 2 converts and bond. This is really just a quick mise au point focused on facts and NOT investment advise. Without further ado.

1/N https://t.co/eS1PG5ODXk— Girolamo Pandolfi da Casio (@INArteCarloDoss) June 22, 2021