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In your post you've basically layed out why Microstrategy has turned itself into a ponzi scheme with no fundamental value (or at least a value totally unconnected with their business).
Your reply to Howard read as though you were dismissing their point.
hugo7
georgert
The fundamentals of what?
But yes –their share price is up 350% in 6 months, and will undoubtedly have caught the attention of many other companies. Could be a totally new paradigm if others follow suit. Not to mention the unprecedented success of the US ETF launch.