Bloomberg Columnist: "MicroStrategy's BTC Buying Strategy Is Not Sustainable"

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CoinNess
10 hours ago
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Bloomberg columnist Lionel Laurent said that "MicroStrategy is planning to raise $4.2 billion to buy more BTC, raising concerns about sustainability. One clear risk is that BTC prices could stop rising and start falling. Even with whale buyers, BTC could drop more than 50%. This could put MicroStrategy at risk. Even if a price crash doesn't happen, the fact that there is already a bubble in the company's value is also a threat. Citron Research's decision to short-sell MicroStrategy was a wise one. MicroStrategy's strategy will not last forever."

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