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by awinder 2142 days ago
As a shareholder of any company, I’d be extremely wary of outlier moves in mechanical business areas like cash management. Maybe there is something real going on there, but holding egads of cash and then putting it in a (by market-cap) fringe alternative is a weird move. It’s maybe interesting, but I’d be highly skeptical, it’s like seeing smoke... I want to find the embers...

MicroStrategy moves its cash into Bitcoin; shares up 9%

Oh go home 2020, you’re drunk.