You know risk is grotesquely mispriced when public markets let you own $MSTR while Michael Saylor converts equity liquidity into Bitcoin at industrial scale… …and prime-time television has Mark Cuban pretending the urgent capital-allocation question of our age is whether America needs a seed round for machine-washable anxiety sweaters for Labradoodles. One vehicle is using the deepest capital markets on Earth to accumulate the scarcest monetary asset ever engineered. The other is venture-capital daycare for adults who invented a slightly different dog bowl and learned the phrase “total addressable market.” Then the financial establishment calls MSTR reckless. These people would finance a Bluetooth suppository at 40× revenue, but Bitcoin on a corporate balance sheet suddenly activates
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