$MicroStrategy(MSTR)$ Somehow this guy is convincing people to buy exposure to bitcoin at 2.7x the price while simultaneously diluting the shareholders by 20%, with an 8000% miss on the earnings from the actual money earning part of the business. Then the stock goes up. Mind is blown.

Not to mention he is actually a crook. In 2000 he settled with the SEC for fraudulently reporting MSTR's financials for 2 years, then just settled with the gov't for not paying his taxes for 15 years.

It's very weird that people buy this stock. Why not just buy BTC. MSTR is one bad piece of news away from a 40% drop. Your investment worth 40% less, but he still holds valuable BTC. Pretty crazy scam.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet