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Reply to "If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Do any of the large generic mutual funds long Vanguard's have Bitcoin / adjacent securities mixed in? [/quote] Index funds would automatically own MSTR and such.[/quote] 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. [/quote] 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?[/quote] 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. [/quote]
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