Mr. Saylor figured out the money glitch and reverse engineered it. If naked shorting prints endless shares to suppress the stock price, the primary tool for raising capital, then the only way to raise capital without punishing shareholders is to sell convertible bonds and use the proceeds to buy BTC, the very asset the shorts are synthetically counterfeiting.
This puts the bond buying banks on the hook for default risk from both MSTR and a collapsing BTC price.
Happy birthday, BW! So glad we could celebrate you today. Love you and love our family.
Thank you to everyone for the love and warm wishes - we all feel them.