MicroStrategy is down 72% since July.
/biz/ saw this coming only a retard didnt make money from this
Is now a good time to buy bitcoin?
I am so unlucky that if I SHORT IT, IT will go back to its ATH.
>>61792173Thats funny
>>61792227If you short it now you're just as retarded as the people who longed at $500.
>>61792173Wow how the fuck is it still that high? Should be $10 per share by now.>market cap $37 billionBeyond wildly overpriced.
>>61792617This, but unironically.How can a company that does nothing, produces nothing, doesn't require even a single employee, literally just a corporate shell around a Bitcoin wallet, be valued at $37.9 BILLION dollars?
>>61792712MSCI is corrupt and should have removed them from indexes already
>>61792617>>61792712the company owns over 50 bn dollars worth of btc. this is in essence what determines the market cap and share price of the company. their market cap is actually substantially less than their total btc holdings, i suppose because they have debt obligations
>>61792173Parasitic shit dying is good for crypto!
>>61792173What's the next step of their Micro Strategy?