MicroStrategy's CEO has been selling shares or issuing convertible bonds to buy coins, and has stated that he will never sell, even taking them to the grave. Why? No one is not for profit. In fact, he and the shareholders of MicroStrategy are following not coins, but stocks. As the coin price rises, the stock price rises even more, allowing the shareholders to sell their stocks for more profit. By the time the coins are worth nothing, they would have already sold their stocks, while the BTC held by MicroStrategy actually belongs to the retail investors who dumbly bought MicroStrategy's stocks, and they are the ones who suffer losses. In short, MicroStrategy is just using high-priced coins to sell stocks.

BTC1.05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)