MicroStrategy's business model is absolutely insane. It's literally a ruthless money-printing machine. No wonder so many DAT companies popped up last year trying to copy MicroStrategy. Saylor revealed on CNBC that they sold $1.5 billion worth of stock last week, using only $500 million worth of BTC as collateral. Then they immediately threw the entire $1.5 billion into buying BTC. Net arbitrage: $1 billion worth of 'free' Bitcoin! The core principle is leveraging the premium on MSTR stock, meaning the market drives MSTR stock way above the actual value of Bitcoin the company holds, because everyone is betting BTC will keep going up + Saylor will keep hoarding BTC like crazy. Saylor takes advantage of this 'overvalued premium,' prints massive amounts of cash from the stock market at low cost, and then throws it all into buying more Bitcoin. The company instantly ends up with a ton of 'free' BTC. This creates an infinite loop—print money, buy BTC, stock price soars again! Insane. This is the ultimate crypto play!