Did a show with @gentlemanzhao and invited the popular guest Zheng Di back for another round. We talked about Michael Saylor and the reasons why MicroStrategy is currently facing a loss of market confidence and is in a precarious situation, as well as potential solutions. https://www.(youtube.com)/watch?v=ioE4R8vWU0I Here’s the conclusion straight up: Zheng Di thinks Michael Saylor recently made three mistakes: repurchasing convertible bonds was not worth it; the timing of the recent test sale of Bitcoin was poor; and using large amounts of cash reserves to buy Bitcoin after financing was a major miscalculation. He also suggested a solution: raise funds by selling stock, but stop using large amounts of cash to buy Bitcoin. Keep enough cash reserves to ease market concerns.