Sometimes I wonder if Saylor is secretly one of us. Like all great cult leaders, he seems to have a higher level of self awareness that is only possible for non-believers. He’s just too good at fleecing his followers to be a believer like them. He knows how to make proper disclosures to legitimize his actions and avoid fraud. He knows how to liquidate his BTC for personal enrichment without actually selling his personal BTC. He knows how to make meaningless claims like “cyber hornets” that actually amount to saying nothing but somehow captivate and motivate his followers. I’m sure he thinks very deeply about these things because he tiptoes through the technicalities with great care.
Any other stock with this kind of dilution plan would crash instantly. But his followers are so enamored by the cult that they literally don’t care.
h/t ApprehensiveSorbet76