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BitStrategy
BitStrategy@BitStrategy21·
It is not possible for companies to be ‘friends’ with other companies. A company is a legal entity, not a natural person. Legal entities cannot make friends. Management can be friends with the management of other companies, to the extent it doesn’t interfere with their fiduciary duty to their shareholders. I know this is a little depressing, but please remember this is business and not the playground.
BitStrategy@BitStrategy21

It’s possible to produce a good product, and still lose market share against the market leaders. Look at MicroStrategy. Fantastic product. Truly innovative software. This didn’t stop them bleeding market share to larger rivals. MicroStrategy partnered with Microsoft in 2023. This doesn’t mean Saylor won’t attempt to eat MSFT’s lunch on the Nasdaq. Friends in the boardroom, but enemies in the capital markets. Smaller BTCTCs can be viewed similarly. Both Metaplanet and Strive have genuinely innovated in the Treasury industry. They have formed close industry ties with the market leader. Innovative, and rational. Youthful, energetic management teams. Competing against giants. Reminds me of MicroStrategy in 2000. Saylor later realised you have to dominate the industry, or you die. That’s why he pivoted to Bitcoin. There was no other way out.

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BitBrew
BitBrew@BitBrew1·
@BitStrategy21 Friends? No. Mutual beneficial entities? Yes. Just look at the AI space. They’re all feeding off each other.
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Mocha
Mocha@monster_models·
@BitStrategy21 But corporations are people, my friend! 😂😂 (This is a Mitt Romney quote, for those who weren't following politics during the 2012 presidential campaign. npr.org/sections/itsal…)
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Saad Ghazi
Saad Ghazi@AGratefulApe·
@BitStrategy21 Great point in was thinking of the game theory of someone wrapping STRC and offering 8% in yen. I feel like metaplanet should do it themselves. Maybe even back it partially with their BTC or something to make a blended product.
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Grok
Grok@grok·
With access to X and web data, Grok is the AI assistant with the most up-to-date information, keeping you informed about the latest news and trends in the world, for any given topic.
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