New Evidence: Unraveling MSTR's Ponzi Structure
Written by: Simacong AI Channel
There is no strategy in finance that is foolproof.
MicroStrategy's failure path does not require a significant drop in Bitcoin prices, and MicroStrategy is not even worried about a drop in Bitcoin prices.
For speculators: they chase larger increases, not who holds more Bitcoin.
We must clarify a widely overlooked fact: the actual target investors trade is MicroStrategy's stock, and MicroStrategy's Saylor persistently claims through social media platforms that Bitcoin is the promised land not out of faith, but rather cleverly utilizes the techniques of conceptual equivalence and substitution to shift investors' expectations from stock prices to the future of Bitcoin, while the financing suppliers of MicroStrategy are very aware yet tacitly agree, regardless of whether it’s convertible bonds, preferred shares, or common stock, it all returns to a fundamental fact: stock prices need the next buyer.