he hasn’t been able to find all the recent UTXOs. There are a few reasons for this IMO: the frequency and volume of BTC purchases combined with the way MSTR custodies. MSTR tends to have unconsolidated UTXOs, buying in smaller sets, making the bitcoin harder to track as he’s purchasing / announc...

as a shareholder, obviously I would prefer proof of reserves. But I trust Saylor that he has a reason why that’s not currently the case and I trust him that he won’t commit fraud. Maybe I’m wrong and it’ll blow up in my face, but I don’t think that will happen. And if it does, I have BTC i...