True, but I believe more will have to make the switch or they'll cease to exist in the future.

Nobody runs the Berkshire playbook either.

Gotta love asymmetric knowledge

River did a report on this a bit ago. There might be more coming around the corner. https://blog.river.com/business-bitcoin-adoption-2024/

Looks like a money printer. Any idea why not?

They lack courage. Don't want to stick their heads above the parapet.

people afraid to rock the boat plus restrictions

They don't have the knowledge required for the conviction. Kinda impressive considering the lack of understanding Saylor displayed when he went of Saif's show. I know someone who believes that it must be an individual, organizations by their nature cannot hodl. I think that will change once bitcoin...

In the company I work for, which at that time was public, the CFO got confronted with the question in an AUA why they don’t convert partly to bitcoin for treasury purposes. The answer baffled me: “I don’t understand bitcoin. It seems interesting but I just don’t get it”. This is now 4,5 ye...

IMO board members of the most influential public companies are mostly risk averse and they like the risk free 4%+ on dollars.

💯 I have the feeling there are many behind the scenes getting their corporate ducks in a row though. Dell, for example.

How many struggling/zombie publicly traded companies are still founder controlled and with cash on balance sheet?The question is when the perception flips from a Hail Mary strategy (Saylor) to simply another capital allocation decision.

Shocking to us yes. But you have to think most of the companies without growth are no longer founder run. Some slap-dick CEO just wants to get his bonus and move on to another job. And the zombies probably just want to get sold before they die

yeah i also dont get it, maybe it takes to much time to convince all the board members

Agreed surprisingly but maybe other factors preventing them from doing so like a board or investors there are still a lot of people that hate Bitcoin and digital assets either they can’t understand it or have been burned by it either way you look at it it’s an inevitable just a matter of time

https://tenor.com/bZTcc.gif

Microstrategy is a better investment than #bitcoin this year. Could this continue?

Why is that? Shouldn't companies do whatever their core business is (manufacturing, agriculture, retail, etc) rather than leverage up to speculate in currency markets?

STAY HUMBLE AND STACK ZAPS

give em time

Yeah but it’s a no brainer that it will happen

quite bizarre

only a matter of time imo

I listened to nostr:npub1pyp9fqq60689ppds9ec3vghsm7s6s4grfya0y342g2hs3a0y6t0segc0qq podcast interview last week and he seemed to conclude he doesn’t expect a lot of corps will follow the mstr playbook given the rare combo of experience in trad finance, a deep understanding and conviction in bitco...

I think it’s a clear indication as to the unique MSTR situation A business still controlled by the founder to a large degree

Is the playbook an actual published doc?

And the soon to be leader of the "free world" is getting ready to mint a new shit coin...we are still soooooo early 😂

what do you think are the reasons for this?