Opinion by: Alex O’Donnell, Senior Writer for Cointelegraph. MicroStrategy’s multibillion-dollar Bitcoin bet has paid off spectacularly. Still, the good times won’t last. When cheap financing dries up ...
Shorting MicroStrategy is a high-conviction idea due to its risky business model of issuing debt and equity to buy Bitcoin. The most problematic issue is that MicroStrategy actually sells zero-coupon ...
MicroStrategy’s multibillion-dollar Bitcoin bet has paid off spectacularly. Still, the good times won’t last. When cheap financing dries up, MicroStrategy’s stock price will wither. Copycats risk ...