Sign up to save your podcasts
Or
Share Michael Saylor Better Hope Bitcoin Doesn't Rise Too Much
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Michael Saylor Better Hope Bitcoin Doesn't Rise Too Much
This story was originally published on HackerNoon at: https://hackernoon.com/michael-saylor-better-hope-bitcoin-doesnt-rise-too-much.
Strategy can survive a Bitcoin crash but a rally might bankrupt it.
Check more stories related to finance at: https://hackernoon.com/c/finance.
You can also check exclusive content about #microstrategy, #strategy, #bitcoin, #michael-saylor, #stocks, #cryptocurrency-investment, #corporate-finance, #hackernoon-top-story, and more.
This story was written by: @javiermateos. Learn more about this writer by checking @javiermateos's about page,
and for more stories, please visit hackernoon.com.
Wall Street has MicroStrategy down ~80% and calls it the next Ponzi. But the numbers tell another story: the famous "42% discount" is just leverage, not distrust in Bitcoin — no creditor can force a margin call, and the treasury covers ~30 years of dividends. The real risk is a two-sided vise: if Bitcoin stays low the issuance engine stalls, but if it rises too fast a cash tax hits paper gains it never realized. MicroStrategy has to thread a narrow corridor of price and time. The market is pricing the fear of hitting the walls, not the odds of crossing.
View all episodes
By HackerNoonThis story was originally published on HackerNoon at: https://hackernoon.com/michael-saylor-better-hope-bitcoin-doesnt-rise-too-much.
Strategy can survive a Bitcoin crash but a rally might bankrupt it.
Check more stories related to finance at: https://hackernoon.com/c/finance.
You can also check exclusive content about #microstrategy, #strategy, #bitcoin, #michael-saylor, #stocks, #cryptocurrency-investment, #corporate-finance, #hackernoon-top-story, and more.
This story was written by: @javiermateos. Learn more about this writer by checking @javiermateos's about page,
and for more stories, please visit hackernoon.com.
Wall Street has MicroStrategy down ~80% and calls it the next Ponzi. But the numbers tell another story: the famous "42% discount" is just leverage, not distrust in Bitcoin — no creditor can force a margin call, and the treasury covers ~30 years of dividends. The real risk is a two-sided vise: if Bitcoin stays low the issuance engine stalls, but if it rises too fast a cash tax hits paper gains it never realized. MicroStrategy has to thread a narrow corridor of price and time. The market is pricing the fear of hitting the walls, not the odds of crossing.