✉news BusinessCrypto first seen 2 h ago, last 53 min ago, peak #24
Bitcoin's Days Are Numbered, And So Are Strategy's
Original: Bitcoin's Days Are Numbered, And So Are Strategy's (NASDAQ:MSTR)
A bearish analysis argues that Bitcoin's run is ending and that Strategy, the company formerly known as MicroStrategy, faces the same fate because its corporate value is tied to its massive bitcoin holdings. The piece claims the leveraged bitcoin treasury model will come under pressure if the cryptocurrency declines, putting the company's balance sheet at risk.
Why now: Investors are weighing growing warnings that bitcoin-linked companies like Strategy could collapse if the cryptocurrency's price turns down.
BitcoinStrategy (MicroStrategy)NASDAQ
Rank over time, top of the chart is #1. 2 snapshots from 2 h ago to 53 min ago.
Evidence
- Bitcoin's Days Are Numbered, And So Are Strategy's (NASDAQ:MSTR) · Seeking Alpha
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