Bitcoin Is the Most Rare, Most Desirable, Highest Quality Property

MicroStrategy keeps enough work in capital to last us a year, normally in the range of about $50 million. When we have excess cash, either from operating income or any other financing opportunity, we put that into Bitcoin as our primary treasury reserve asset. We buy, we don't sell, we hold. It seems like the rational thing to do for us. But even if it turned out that your Picasso's were better or your Rolexes were a better investment, we're running a publicly traded company and shareholders expect us to stand by our word.