Founder and editor of The Felder Report and host of the Superinvestors and the Art of Worldly Wisdom podcast.
'The scheme hangs on two pillars: a rising bitcoin price and unrelenting investor appetite for MicroStrategy shares. If either wobbles, the entire edifice could crumble, potentially leaving the company saddled with maturing debt and no escape hatch.' https://t.co/mvidSTnnJA
View original →'MicroStrategy's stock is valued at 2,000 times next year's earnings and is attracting new buyers, including digital-asset ETFs, as Bitcoin's price soars and analysts unanimously rate the shares a "Buy."' https://t.co/gU9BFchSu6
View original →'US exchange-traded funds investing directly in Bitcoin surpassed $100 billion in total assets as the original cryptocurrency extended a record-breaking rally.' https://t.co/m2yGvGG6CK https://t.co/T1UOspiEe4
View original →'Retail investors have been loading up on MicroStrategy shares as a proxy for bitcoin.' https://t.co/B8VcYumvYM via @SoberLook @vandaresearch https://t.co/fhmkSNQ59s
View original →'Gensler's SEC has had several high-profile disputes with the crypto industry, including a legal fight with Grayscale to block bitcoin ETFs. Grayscale won in court, and billions of dollars have flowed into those new funds since they launched in January.' https://t.co/urszXWdlZr
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