From 'Wall Street Traitor' to 'Crypto Prophet': Why Did MicroStrategy CEO's Bitcoin Gamble Frighten Traditional Finance?

Michael Saylor abandoned the traditional business of the software company, transforming MicroStrategy into a 'Bitcoin ETF'. With a holding of 190,000 BTC, the fate of this company is completely tied to cryptocurrency.

Is this extreme strategy of 'All in Bitcoin' a profound insight into the monetary system, or a mad gamble by an entrepreneur? When the value of a publicly traded company completely depends on the rise and fall of cryptocurrency, are shareholders investing in a company or purchasing a highly leveraged Bitcoin derivative? More thought-provoking is: if more and more companies emulate this model, where will the boundaries of traditional business lie?