If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do any of the large generic mutual funds long Vanguard's have Bitcoin / adjacent securities mixed in?


Index funds would automatically own MSTR and such.


Why hasn't Microstrategy been sued by investors for negligence? They're a local company and have been a software comapny for 20+ years. You can even see their website now -- they offer a data analytics product:
https://www.microstrategy.com/

They shouldn't be dabbling in bitcoin by buying more than $2bln of it. Investors who want bitcoin exposuer have other avenues fro it. Investors who want to invest in the data analytics software industry should (in theory) buy MSTR to get exposure to that.



They are doing nothing illegal. btw, they own $40 billion now. has been best performing stock in the market by a huge margin. why would any shareholder sue them?


To me, it's negligence. For example, I may buy Microsoft because I want to invest in the tech industry. I wouldn't expect Microsoft to go into oil exploration and oil wells. I'd buy Shell or Mobil if I wanted to have exposure to that.

Microstrategy is a well-known software company that's been in this area for 20+ years. I think I even interviewed for them to be a software dev back when I was jsut getting out of college. They should set up a "Bitcoin investment company" if that is their goal.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do any of the large generic mutual funds long Vanguard's have Bitcoin / adjacent securities mixed in?


Index funds would automatically own MSTR and such.


Why hasn't Microstrategy been sued by investors for negligence? They're a local company and have been a software comapny for 20+ years. You can even see their website now -- they offer a data analytics product:
https://www.microstrategy.com/

They shouldn't be dabbling in bitcoin by buying more than $2bln of it. Investors who want bitcoin exposuer have other avenues fro it. Investors who want to invest in the data analytics software industry should (in theory) buy MSTR to get exposure to that.



Your timing is uncanny, lol:

https://finance.yahoo.com/news/microsofts-shareholders-decide-week-whether-100000952.html



They are doing nothing illegal. btw, they own $40 billion now. has been best performing stock in the market by a huge margin. why would any shareholder sue them?


To me, it's negligence. For example, I may buy Microsoft because I want to invest in the tech industry. I wouldn't expect Microsoft to go into oil exploration and oil wells. I'd buy Shell or Mobil if I wanted to have exposure to that.

Microstrategy is a well-known software company that's been in this area for 20+ years. I think I even interviewed for them to be a software dev back when I was jsut getting out of college. They should set up a "Bitcoin investment company" if that is their goal.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do any of the large generic mutual funds long Vanguard's have Bitcoin / adjacent securities mixed in?


Index funds would automatically own MSTR and such.


Why hasn't Microstrategy been sued by investors for negligence? They're a local company and have been a software comapny for 20+ years. You can even see their website now -- they offer a data analytics product:
https://www.microstrategy.com/

They shouldn't be dabbling in bitcoin by buying more than $2bln of it. Investors who want bitcoin exposuer have other avenues fro it. Investors who want to invest in the data analytics software industry should (in theory) buy MSTR to get exposure to that.



They are doing nothing illegal. btw, they own $40 billion now. has been best performing stock in the market by a huge margin. why would any shareholder sue them?


To me, it's negligence. For example, I may buy Microsoft because I want to invest in the tech industry. I wouldn't expect Microsoft to go into oil exploration and oil wells. I'd buy Shell or Mobil if I wanted to have exposure to that.

Microstrategy is a well-known software company that's been in this area for 20+ years. I think I even interviewed for them to be a software dev back when I was jsut getting out of college. They should set up a "Bitcoin investment company" if that is their goal.


Your timing is uncanny, lol:

https://finance.yahoo.com/news/microsofts-sha...ether-100000952.html

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do any of the large generic mutual funds long Vanguard's have Bitcoin / adjacent securities mixed in?


Index funds would automatically own MSTR and such.


Why hasn't Microstrategy been sued by investors for negligence? They're a local company and have been a software comapny for 20+ years. You can even see their website now -- they offer a data analytics product:
https://www.microstrategy.com/

They shouldn't be dabbling in bitcoin by buying more than $2bln of it. Investors who want bitcoin exposuer have other avenues fro it. Investors who want to invest in the data analytics software industry should (in theory) buy MSTR to get exposure to that.



They are doing nothing illegal. btw, they own $40 billion now. has been best performing stock in the market by a huge margin. why would any shareholder sue them?


To me, it's negligence. For example, I may buy Microsoft because I want to invest in the tech industry. I wouldn't expect Microsoft to go into oil exploration and oil wells. I'd buy Shell or Mobil if I wanted to have exposure to that.

Microstrategy is a well-known software company that's been in this area for 20+ years. I think I even interviewed for them to be a software dev back when I was jsut getting out of college. They should set up a "Bitcoin investment company" if that is their goal.


They now literally call themselves a Bitcoin treasury company. The software operations are largely irrelevant now. The company decided to make a strategic change, fully disclosed, and the results have been extraordinary- yet you think they should be sued?
Anonymous
F No. make believe hyped up fad digital collectible.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do any of the large generic mutual funds long Vanguard's have Bitcoin / adjacent securities mixed in?


Index funds would automatically own MSTR and such.


Why hasn't Microstrategy been sued by investors for negligence? They're a local company and have been a software comapny for 20+ years. You can even see their website now -- they offer a data analytics product:
https://www.microstrategy.com/

They shouldn't be dabbling in bitcoin by buying more than $2bln of it. Investors who want bitcoin exposuer have other avenues fro it. Investors who want to invest in the data analytics software industry should (in theory) buy MSTR to get exposure to that.



They are doing nothing illegal. btw, they own $40 billion now. has been best performing stock in the market by a huge margin. why would any shareholder sue them?


To me, it's negligence. For example, I may buy Microsoft because I want to invest in the tech industry. I wouldn't expect Microsoft to go into oil exploration and oil wells. I'd buy Shell or Mobil if I wanted to have exposure to that.

Microstrategy is a well-known software company that's been in this area for 20+ years. I think I even interviewed for them to be a software dev back when I was jsut getting out of college. They should set up a "Bitcoin investment company" if that is their goal.


Your timing is uncanny, lol:

https://finance.yahoo.com/news/microsofts-sha...ether-100000952.html

botched link above - see:

https://finance.yahoo.com/news/microsofts-shareholders-decide-week-whether-100000952.html



Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do any of the large generic mutual funds long Vanguard's have Bitcoin / adjacent securities mixed in?


Index funds would automatically own MSTR and such.


Why hasn't Microstrategy been sued by investors for negligence? They're a local company and have been a software comapny for 20+ years. You can even see their website now -- they offer a data analytics product:
https://www.microstrategy.com/

They shouldn't be dabbling in bitcoin by buying more than $2bln of it. Investors who want bitcoin exposuer have other avenues fro it. Investors who want to invest in the data analytics software industry should (in theory) buy MSTR to get exposure to that.



They are doing nothing illegal. btw, they own $40 billion now. has been best performing stock in the market by a huge margin. why would any shareholder sue them?


To me, it's negligence. For example, I may buy Microsoft because I want to invest in the tech industry. I wouldn't expect Microsoft to go into oil exploration and oil wells. I'd buy Shell or Mobil if I wanted to have exposure to that.

Microstrategy is a well-known software company that's been in this area for 20+ years. I think I even interviewed for them to be a software dev back when I was jsut getting out of college. They should set up a "Bitcoin investment company" if that is their goal.


They now literally call themselves a Bitcoin treasury company. The software operations are largely irrelevant now. The company decided to make a strategic change, fully disclosed, and the results have been extraordinary- yet you think they should be sued?


They made $116 million in revenue last quarter selling their data analytics software and related services.

Then, they seem to be taking out $4bln+ in debt to buy crypto to fund their "treasury operations" (crypto purchases).

https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/blte0b82e7c89a4feb3/67238407ec6903679e80cdc5/form-10-q_10-31-2024.pdf

What is this company? A software company bringing in over half a billion in revenue a year, or a crypto investment company?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do any of the large generic mutual funds long Vanguard's have Bitcoin / adjacent securities mixed in?


Index funds would automatically own MSTR and such.


Why hasn't Microstrategy been sued by investors for negligence? They're a local company and have been a software comapny for 20+ years. You can even see their website now -- they offer a data analytics product:
https://www.microstrategy.com/

They shouldn't be dabbling in bitcoin by buying more than $2bln of it. Investors who want bitcoin exposuer have other avenues fro it. Investors who want to invest in the data analytics software industry should (in theory) buy MSTR to get exposure to that.



They are doing nothing illegal. btw, they own $40 billion now. has been best performing stock in the market by a huge margin. why would any shareholder sue them?


To me, it's negligence. For example, I may buy Microsoft because I want to invest in the tech industry. I wouldn't expect Microsoft to go into oil exploration and oil wells. I'd buy Shell or Mobil if I wanted to have exposure to that.

Microstrategy is a well-known software company that's been in this area for 20+ years. I think I even interviewed for them to be a software dev back when I was jsut getting out of college. They should set up a "Bitcoin investment company" if that is their goal.


They now literally call themselves a Bitcoin treasury company. The software operations are largely irrelevant now. The company decided to make a strategic change, fully disclosed, and the results have been extraordinary- yet you think they should be sued?


They made $116 million in revenue last quarter selling their data analytics software and related services.

Then, they seem to be taking out $4bln+ in debt to buy crypto to fund their "treasury operations" (crypto purchases).

https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/blte0b82e7c89a4feb3/67238407ec6903679e80cdc5/form-10-q_10-31-2024.pdf

What is this company? A software company bringing in over half a billion in revenue a year, or a crypto investment company?


It’s basically a Bitcoin bank with a market cap near $100 billion. The software business is now basically immaterial to the valuation and overall financials. Businesses are allowed to change their strategies. Amazon went from being a bookseller to a cloud company. The MSTR Bitcoin strategy was controversial four years ago but Saylor has had the last laugh.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do any of the large generic mutual funds long Vanguard's have Bitcoin / adjacent securities mixed in?


Index funds would automatically own MSTR and such.


Why hasn't Microstrategy been sued by investors for negligence? They're a local company and have been a software comapny for 20+ years. You can even see their website now -- they offer a data analytics product:
https://www.microstrategy.com/

They shouldn't be dabbling in bitcoin by buying more than $2bln of it. Investors who want bitcoin exposuer have other avenues fro it. Investors who want to invest in the data analytics software industry should (in theory) buy MSTR to get exposure to that.



They are doing nothing illegal. btw, they own $40 billion now. has been best performing stock in the market by a huge margin. why would any shareholder sue them?


To me, it's negligence. For example, I may buy Microsoft because I want to invest in the tech industry. I wouldn't expect Microsoft to go into oil exploration and oil wells. I'd buy Shell or Mobil if I wanted to have exposure to that.

Microstrategy is a well-known software company that's been in this area for 20+ years. I think I even interviewed for them to be a software dev back when I was jsut getting out of college. They should set up a "Bitcoin investment company" if that is their goal.


They now literally call themselves a Bitcoin treasury company. The software operations are largely irrelevant now. The company decided to make a strategic change, fully disclosed, and the results have been extraordinary- yet you think they should be sued?


They made $116 million in revenue last quarter selling their data analytics software and related services.

Then, they seem to be taking out $4bln+ in debt to buy crypto to fund their "treasury operations" (crypto purchases).

https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/blte0b82e7c89a4feb3/67238407ec6903679e80cdc5/form-10-q_10-31-2024.pdf

What is this company? A software company bringing in over half a billion in revenue a year, or a crypto investment company?


It’s basically a Bitcoin bank with a market cap near $100 billion. The software business is now basically immaterial to the valuation and overall financials. Businesses are allowed to change their strategies. Amazon went from being a bookseller to a cloud company. The MSTR Bitcoin strategy was controversial four years ago but Saylor has had the last laugh.


Maybe so. I guess it's just not for me. It raises red flags in my eyes.

Yes, Amazon's new offerings turned out to greatly surpass their initial offerings, but all their product/service lines have real customers paying real money for a product or service. They don't have a branch that's out there speculating on currencies.
Anonymous
I think many people in dmv with high clearance are not allowed to buy/own crypto directly. Buying mstr & Tesla are the ways to buy crypto “legally”. My bad for not buying any after Trump got elected on nov with my fun money.
Anonymous
Anonymous wrote:I think many people in dmv with high clearance are not allowed to buy/own crypto directly. Buying mstr & Tesla are the ways to buy crypto “legally”. My bad for not buying any after Trump got elected on nov with my fun money.


Can't they buy one of the many Bitcoin ETFs?
Anonymous
Anonymous wrote:
Anonymous wrote:I think many people in dmv with high clearance are not allowed to buy/own crypto directly. Buying mstr & Tesla are the ways to buy crypto “legally”. My bad for not buying any after Trump got elected on nov with my fun money.


Can't they buy one of the many Bitcoin ETFs?

For example:
I am told that I can not buy bitcoin directly on coinbase or PayPal. It is ok to buy mstr, Tesla. I don’t know the logic!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I think many people in dmv with high clearance are not allowed to buy/own crypto directly. Buying mstr & Tesla are the ways to buy crypto “legally”. My bad for not buying any after Trump got elected on nov with my fun money.


Can't they buy one of the many Bitcoin ETFs?

For example:
I am told that I can not buy bitcoin directly on coinbase or PayPal. It is ok to buy mstr, Tesla. I don’t know the logic!


I suspect direct cryptocurrency ownership is a problem but you can going into your brokerage account and buy one of the ETFs because it's a security just like MSTR.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I think many people in dmv with high clearance are not allowed to buy/own crypto directly. Buying mstr & Tesla are the ways to buy crypto “legally”. My bad for not buying any after Trump got elected on nov with my fun money.


Can't they buy one of the many Bitcoin ETFs?

For example:
I am told that I can not buy bitcoin directly on coinbase or PayPal. It is ok to buy mstr, Tesla. I don’t know the logic!


That's strange - I've never heard of a govt clearance preventing you from purchasing certain stocks or assets. Interesting though. Are you allowed to buy gold?
Anonymous
mid 30s with $6M invested, $200K in bitcoin. We started off buying 5 bitcoins for around $20K and have now been selling along the way each time BTC reaches a new high... if we hadn't sold along the way the bitcoin would be worth $500K today. We work in tech and are interested in staying on top of learning about block chain and all other new technologies attracting young smart talent, overall this is "play" money for us.
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