Raising $2.19 billion but made no purchases of Bitcoin despite Saylor tweeting a hint that he was going to buy more. I smell a rat. A ponzi rat.
The game is to raise hopes that Bitcoin prices will continue to rise, get the pressure from investors off his back. But with Bitcoin still remaining stubbornly below $90k, things are not going well.
Now with Japan raising interest rates, the Jap carry trade is ending, meaning less cheap funds to shore up US treasuries and cryto markets.
The shoe is going to drop. And when it does, it's going to fall with a very very loud thud.....
Watch this space.
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