MicroStrategy’s stock has soared close to 2,500% since making Bitcoin a treasury asset in August 2020, overshadowing Nvidia’s 808% gain during the AI boom.
Critics warn that the approach is risky and may lead to a collapse if Bitcoin’s price declines. Logos like Peter Schiff suggest MicroStrategy might need to change its name due to its reliance on Bitcoin.
The firm’s sustainability hinges on Bitcoin’s performance and favorable market conditions, alongside new ETF offerings aiming to enhance speculation on MicroStrategy’s stock.
Leave a Reply