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#MSTR ‘s volatility is a feature not a bug. Michael Saylor describes buying bitcoin as putting a “crypto oscillator” or “crypto engine” onto the balance sheet. With such a large #bitcoin position, the crypto economy drives the volatility at #MSTR - this volatility is driving the equity - the equity is driving the options - the options are driving the arbitragers - the arbitragers are providing unsecured, almost interest free capital - the capital is then used to reinvest into #bitcoin for the benefit of shareholders
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