The article makes a compelling argument that MicroStrategy can afford to service the debt, no matter what happens.
Opinions differ over whether the investment was good, and I doubt anyone's mind was changed in this discussion.
But there is a third element that should be discussed, I think: Does the investment fit with the company's business strategy? I haven't seen the article make an argument that it does.
Apple has cash. Tuna fishing is profitable. But does this mean Apple should invest in a tuna fishing fleet?
Opinions differ over whether the investment was good, and I doubt anyone's mind was changed in this discussion.
But there is a third element that should be discussed, I think: Does the investment fit with the company's business strategy? I haven't seen the article make an argument that it does.
Apple has cash. Tuna fishing is profitable. But does this mean Apple should invest in a tuna fishing fleet?