Strategy is safe even through this brutal crypto winter, CEO Phong Le said. Le said in the recent Q4 earnings call that bitcoin would need to drop to $8,000 and stay there for 5-6 years for @MicroStrategy to have balance sheet issues. Strategy posted a net loss of $12.6 billion for Q4, largely due to unrealized bitcoin losses. In the same call, @saylor pushed back on concerns about quantum computing, calling them "horrible FUD" that's more than 10 years away.


Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share





