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Exactly. It's already the biggest publicly traded business intelligence company – independent of its holdings. And that's why some people are so worried. They're gaming the system, and if others realise, it could kick off a major cascade of corporate treasuries adopting the same strategy (and indirectly shorting the dollar).
EDIT: This is a bit tinfoil-hatty, but Saylor's been hanging out with Bezos... another company making more profit than they can preserve through traditional methods.
georgert
frank9755
Someone correct me here, but right at the start, wasn't the very original point of him buying btc because their business was making a decent profit - more than they needed for reinvestment. So they needed a home for cash at a time when bonds were shit?
Where I'm going with this is (and again please correct me) is from the businesses pov rather than the shareholders', it isn't critical for btc to be up. They are still viable without this ludicrous share price.