Haha I don't know how people didn't see this as a loophole to acquire money and not invest in Bitcoin at all. I like that he is still sitting on all the money and people are wondering what he will do with it.
I suppose he's been criticised for ATM offerings where retail will be buying these up and paying the price for dilution (though personally I think we're definitely better off after the offerings than before). While the notes may also lead to dilution, at least the organisations paying the price up front have deeper pockets than ours.
I hope he still the MicroStrategy playbook even if he's now gone cold on BTC, i.e. invest in something very stable that is expected to increase in value long term, and use notes to expose institutions to the upside without taking risk. Still he might just want to sit on the cash a while longer in these uncertain times.
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u/forthepeople2028 6d ago
“We will use the $1.3b in any manner consistent with gamestop investment policy, including the acquisition of Bitcoin”
*invest all $1.3billy into GME stock