Could the Michael Saylor Strategy Of Holding Your Nose and Buying Bitcoin No Matter the Price Really Be the Winning Way?

This strategy has allowed MSTR stock to surge much faster than Bitcoin in recent years, with the stock trading at roughly 3x its mNAV (an approximation of the book value tied to its digital asset holdings).Michael Saylor has certainly found an investing strategy that's worked, at least in the past. His firm, formerly MicroStrategy, does have a core software business that's worth something. But over the years, Saylor's ability to use this company's corporate structure to load up its balance sheet with Bitcoi ...