🚨 MicroStrategy = Bitcoin on Steroids? 🚨
MicroStrategy ($MSTR) acts like a leveraged version of Bitcoin:
🔹 When BTC goes up, $MSTR goes up even more.
🔹 When BTC goes down, $MSTR goes down even more.
MSTR investors are essentially betting on Bitcoin to succeed. Their BTC purchases are public and the entire market is watching.
Now ask yourself: what happens if the price of BTC goes down and MicroStrategy is forced to sell? 🤔
The collapse of FTX may seem insignificant compared to the potential collapse of MicroStrategy and its impact on the entire crypto market.
There are no signs yet that this will happen, but watching the price action of $MSTR is more important than ever. 📊👀