#SaylorBTCPurchase

Michael Saylor's company, MicroStrategy, reported a loss of 4.2 billion

Extreme exposure to Bitcoin: Almost 99% of MicroStrategy's value is linked to BTC fluctuations, making it one of the boldest corporate bets in the market.

Risky debt: The company already has $2.4 billion in Bitcoin-backed loans, making it vulnerable to liquidations if the price continues to drop.

Competition with ETFs: With the arrival of Bitcoin ETFs (like those from BlackRock and Fidelity), some investors prefer to expose themselves directly to the asset without the operational risks of a company like MicroStrategy.

Why do they keep buying?

They believe in the "halving": The upcoming cut in Bitcoin issuance (2024) has historically preceded strong price increases.

Institutional bet: Saylor believes that, with Wall Street adoption, BTC will reach much higher prices in the coming years.

No plan B: MicroStrategy does not have a strong core business outside of Bitcoin, so its fate is tied to the success or failure of the cryptocurrency.

The big debate

Some see this as a masterstroke, taking advantage of the downturn to accumulate before a possible rebound. Others consider it an unnecessary risk, especially when safer alternatives exist to invest in BTC.

What do you think? Do you believe this strategy will pay off in the long run, or is it too dangerous of a bet?