Recovery Seed Backup Devices

WIll Microstrategy survive?

There have been lots of huge shake ups in the crypto market since my last post.  Whether you want to talk about Luna failing or Celcius or Blockfi or FTX, I think we are learning that you can't trust an unregulated centralized exchange any more than you trust the founder.  Sam Bankman-Fried ripped off billions of dollars.  I wonder what happens to FTX stadium and the new Football team.  You have Luna collapsing which affected me.  I had Luna in a software wallet and it was staked.  I hed no choice but to just watch my Luna evaporate as I am unable to get my Terra out.  I haven't figured out how to get my Luna 2.0 yet and I am not so interested in buying more Original Luna so I can unlock the $13.00 I have left.

This leads me to the point of the article.  What is going on with Microstrategy?  Can you make money mining Bitcion and holding Bitcoin anymore?  They bought most of the Bitcion on credit.  Interest rates are at 7%.  Does their business model work at higher interest rates?  Do they even have a business model?  If they go bankrupt?  How will the government seize the digital assets of they are hidden?   What about Coinbase?  Is Coinbase safe?  How much money have they placed into shady loans and investments?  They are a public company but do we trust the FTC or the Fed to protect us from these companies?  Many of the companies involved in the Gamestop fiasco were publicly traded companies.  They are all regulated and I don't seem to recall anyone getting in trouble for manipulating the market and preventing a huge short squeeze.


MicroStrategy is a publicly traded software company that provides business intelligence, mobile software, and cloud-based services. It was founded in 1989 by Michael Saylor, a former assistant professor of mathematics at the Massachusetts Institute of Technology (MIT).

In the early years of the company, MicroStrategy focused on developing and selling business intelligence software, which helps organizations collect, analyze, and visualize data to make better informed business decisions. The company's first product, MicroStrategy Report Services, was released in 1992 and became a popular tool for building and distributing reports, dashboards, and other data-driven applications.

Throughout the 1990s and 2000s, MicroStrategy continued to grow and expand its product line, adding new features and capabilities to its software and entering new markets, such as mobile and cloud computing. In 2001, the company went public and began trading on the NASDAQ stock exchange.

In recent years, MicroStrategy has attracted attention for its unconventional investment strategies, including its decision to buy billions of dollars worth of Bitcoin in 2020 and 2021. The company has also made headlines for its commitment to sustainability and social responsibility, including its efforts to reduce its carbon footprint and promote diversity and inclusion in the tech industry.

Today, MicroStrategy is a global leader in the business intelligence and software industry, with a diverse and loyal customer base that includes Fortune 1000 companies and government agencies around the world.

Leave a comment

Please note, comments must be approved before they are published