Prominent Tesla Short-Seller Issues Major MicroStrategy Warning
Hedge fund manager Mark Spiegel, who is best known as a major Tesla short-seller, hasissued a bearish warning about high-flying business intelligence firm MicroStrategy.In a Thursday social media post, Spiegel opined that Michael Saylor, the charismatic co-founder of MicroStrategy, is "like the Hunt Brothers in the silver market.". "One day he's going to want to unload all the Bitcoin and realize that he was 'the market,'" Spiegel warned.Nelson Bunker Hunt, the eldest son of oil tycoon H.L. Hunt, famously tried to corner the silver market together with his two brothers .With the help of wealthy Saudi Arabian sheiks and other lenders, Hunt started buying the precious metal in droves. By January 1980, the Hunt brothers already owned 150 million ounces of silver. Back then, the price of the commodity surged to $52 per troy ounce. They ended up controlling the majority of the privately held supply of silver.Many Bitcoiners view this asa bullish development, but there are also some concerns