MicroStrategy, a company that has been acquiring large amounts of Bitcoin, is attracting attention from critics who question its growth prospects. Some critics have called the company a pyramid scheme, although it does not guarantee returns or make any payouts to later investors. Others are skeptical of the company's financial terms and argue that investors coming in now might be late to the party. MicroStrategy recently funded the purchase of 21,550 BTC and has seen a meteoric rise in its shares. However, its future debt obligations and reliance on Bitcoin's appreciation are concerns for bears.
- Content Editor ( protos.com )
- 2024-12-12
Bears watch MicroStrategy ahead of NASDAQ 100 inclusion