I think a lot of the hate is the fact that many if not all but a few a zombie companies. They have no real revenue/sustainable business model. They solely are looking to profit off of their share price pumping. Obviously Strategy is in another category considering their size and truly unique/innovative ways to acquire more bitcoin. But overall many here see it like it is, just another way to deceive people out of buying pure bitcoin and putting it in cold storage.
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if a company has positive cashflow or can borrow way cheaper than most individuals and decides to buy bitcoin with it, there’s nothing wrong with that. i respect those founders and consider team team bitcoin.