The Only Way To Beat MicroStrategy Is to Not Compete in the First Place

TL;DR

• If US buyers wish to spend money on Bitcoin (with out immediately shopping for it), they stunning a lot have one selection, and one selection solely: purchase shares in MicroStrategy.

• However with current discuss of a possible Bitcoin ETF, there are considerations concerning the defensibility of the enterprise mannequin.

• MicroStrategy counters that argument, with some superbly easy reasoning:

• If buyers get the inexperienced gentle for ETFs, they’ll pour truckloads of money into Bitcoin. Which is able to jack up the value of Bitcoin – and guess who owns 153,000 BTC? MicroStrategy.

Full Story

Michael Saylor will not be a reputation you see listed among the many world’s prime entrepreneurs.

However within the class of “Entrepreneurs Whose Entire Treasury Mannequin Is Fairly A lot Simply ‘Shopping for Bitcoin,’” he is the G.O.A.T.

Actually, Mike has all however cornered the market!

If US buyers wish to spend money on Bitcoin (with out immediately shopping for it), they stunning a lot have one selection, and one selection solely:

Purchase shares in Mike’s firm, MicroStrategy.

However with main monetary companies now submitting for Bitcoin Alternate Traded Funds (ETFs) – which might purchase and maintain Bitcoin, similar to MicroStrategy – there have been some considerations concerning the defensibility of the enterprise mannequin.

(Why purchase into MicroStrategy, when there is a devoted Bitcoin fund out there?)

Mike counters that argument, with some superbly easy reasoning:

If these big-shot buyers get the inexperienced gentle for ETFs, they’ll pour truckloads of money into Bitcoin.

And guess what that does? It jacks up the value of Bitcoin.

And guess who owns 153,000 BTC? MicroStrategy.

By getting in early and accumulating over the previous three years, MicroStrategy has basically turned the concept of recent competitors from a menace to an benefit.

(That is in all probability why MicroStrategy has purchased an extra 5,445 BTC for $150M since August, now holding almost $4.68B of BTC).

It appears the one option to beat Michael Saylor is to not compete within the first place.