With every day comes a new pronouncement from Michael Saylor, the charlatan behind the Strategy (US:MSTR) ponzi which indicates that he is going completely mad. The problem is that he has been the biggest cheerleader for crypto and his heavily indebted firm owns 3% of the world’s bitcoin. When it explodes not only will it be a forced sellers but a stack of over-leveraged believers will also enjoy a red pill moment and sell too.
on Tom Winnifrith | Comments