MicroStrategy is not great, it's dangerous. The first payout will arrive next year, if everything is fine, people will choose the stock, stock will be dilluted, profit will be reduce, some will sell to get out at profit, price will take a hit, more will sell, if anywhere around this Bitcoin take a hit, like -50 or -70% which is perfectly possible after next top that could end up quite high next year, you will get a kind of bank run out of MSTR which could collapse the whole strategy.
Everything could be fine as well and people would outperform Bitcoin in the short or mid term but this thing cannot go up forever Laura.
I guess it wasn’t clear that my comment was not a MicroStrategy praise.
MicroStrategy is a US equity with idiosyncratic risks.
Ok, sorry if I misunderstood. I was in Plan₿ conference and a panel including Adam Back start praising MicroStrategy as a better investment than BTC, I had to get out before I 🤮.
For me the only positive from Saylor is that he is a good source for meme creator, but I'm still thinking that he is a risk for the whole Bitcoin ecosystem.
I agree, he may very well be a huge liability for Bitcoin.
We’ll see how this unfolds.