💊👦 Martin Shkreli @MartinShkreli, also known as "Pharma Bro" for his conviction linked to the healthcare industry, has called out MicroStrategy's co-founder and executive chairman, Michael Saylor, for his applied Bitcoin playbook. 💰📉
Saylor pioneered the idea of purchasing Bitcoin as a reserve asset for institutions. MicroStrategy's business model consists of amassing the largest amount of Bitcoin possible, even issuing debt to continue these purchases. 📊
For Shkreli, these actions will ultimately backfire on the company. In "Shkreli Planet," Shkreli's podcast, he heavily criticized Saylor's ideas. 🎙️
"This has got to end poorly, right? I think Saylor's insane; I think he's just drunk on this. You know, this is like a big bubble, and there's just no way this could end well," he stressed. 🚨💥