💡 Is MicroStrategy a Bubble? The Michael Saylor BTC Bet 🎯
🔹 Who is Michael Saylor?
👉 Co-founder & Executive Chairman of MicroStrategy
👉 One of the largest $BTC holders and a key Bitcoin advocate
👉 Reshaped MicroStrategy’s identity by pivoting to Bitcoin investments
🔹 Recent Moves
🚀 Aggressive Bitcoin purchases over the last 3 months
🚀 $MSTR stock has surged 300% due to market hype
📈 Riding the wave of Bitcoin’s bear market recovery
🔹 The Risks Behind the Hype
❌ Core software business cannot cover MicroStrategy's debt costs
❌ Loans taken at $500/share in 2024 are underwater
❌ Average $BTC buy price: $62,226 – a price drop could force asset liquidation
❌ Operating like a Bitcoin fractional reserve bank with <5% cash reserves
🔹 Potential Outcomes
⚠️ A Bitcoin price dip below $62,226 could trigger defaults
⚠️ Saylor may face forced liquidation within the next 12-18 months
⚠️ $MSTR gains since 2020: only 51.75% despite the hype
🔹 Key Questions
🤔 Is this a deliberate attack on Bitcoin?