Supposing BTC has been weaponised, in that companies w/ BTC as Treasury reserve currency sees own stock prices go up, relative to its competitors, and companies w/o BTC sees its employees raided, and stocks vulnerable to hostility, all because BTC is hive-mind enabled socialised anti-fragile digital-gold asset class
If so and such, then in some ways MSTR just turned itself into a BTC SPAC, ready to hire itself out to do clients' bidding, and standing by to act for own a/c
bloomberg.com
Michael Saylor, the CEO Who Turned a Software Company Into a Bitcoin Company
Joe Weisenthal
A pile of coins representing Bitcoin cryptocurrency. Photographer: Chris Ratcliffe/Bloomberg
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Hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.
This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. But what's the reasoning behind the move? We speak with MicroStrategy’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company.
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I like BTC as it trades 24/7, even better than fiat currency trading
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