MicroStrategy will eventually unravel — Bitcoin bulls should look elsewhere
MicroStrategy’s stock premium has benefited from a virtuous cycle in the bull market. It will eventually reverse course.
Opinion by: Alex O’Donnell, Senior Writer for Cointelegraph.
MicroStrategy’s multibillion-dollar Bitcoin bet has paid off spectacularly. Still, the good times won’t last. When cheap financing dries up, Microstategy’s stock price will wither.
Copycats risk similar fates. Bitcoin (BTC) maxis should look elsewhere.
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Author: Alex O’Donnell
