Now those who openly criticized bitcoin can hide their faces in shame because they have been wrong all along.

I wonder how many people who actively discouraged everyone from investing in Bitcoin are now scratching their heads and admitting to themselves their stupidity. And also how many of those who believed them and could not decide to save regularly, fearing losses and looking for insurance? These people will never decide to invest and are now tearing out the last hair on their heads, but one example of Michael Saylor and all those who stubbornly believed in the growth of Bitcoin can give a good motivation to other newcomers who are just learning about Bitcoin.

Saylor and his company right now are raking billions in profits because of their Bitcoin investment. And yeah, there have been attacks on him, mocking him in social media and even those who interview him. Now the tables are turn, and he is being look upon as some visionary. But for average joe investors like the rest of us, we have seen this from afar, that in his bull run, we will see 6 digits figure, it just a matter of time.

can you imagine a company performs this good just because they hold BTC? best strategy ever in my opinion and I doubt any other companies could replicate the same thing.

but the MSTR's holding of BTC and their style of keep doing DCA from bottom all the way to current ATH is a phenomenon that needs to be studied . they are confidence they'd be able to pull it off and indeed they are capable.

So he gets the funds from borrows and gets them into BTC straight up?
Smart guy  

For example, convertible notes can be redeemed for shares (never for bitcoin) and are bought at a premium over shares. The shares also have a premium over the net asset value, which is basically the bitcoin owned by the company.

So, when they issue $1B of convertible notes, they do so on a Net Asset Value of say $0.5B, and what do they do with that $1B? They buy bitcoin. They are using the financial instrument to get fiat money to buy bitcoin.

Also convertible notes are not problematic at all because if people start exchanging them for shares you can always create more, similar to how a FED can print more fiat.

If anyone is concerned about this type of indebtedness I have to say that I, as a good shareholder, have looked at the fundamentals of the company and it has a debt to equity ratio of 1.13 which falls within a very reasonable range of indebtedness, and if we also take into account that the company is borrowing at laughable prices, clearly lower than the inflation rate, we will agree with Saylor that the debt they use to acquire bitcoin is issued and controlled in a smart way.