Is MicroStrategy getting a bit too carried away? Issuing stocks to raise funds to buy BTC, and then using BTC as collateral to issue more stocks, doesn't it feel like MicroStrategy is stepping on its own toes? If the market goes bearish later, MicroStrategy will definitely be the biggest risk in the market. This time, they are raising $21 billion directly. If all of it is used to gamble on BTC, how much do you think they can drive BTC up to???
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