Is MicroStrategy the next FTX?
MicroStrategy doesn't appear to face significant immediate risks, its interest costs remain manageable, and financing is progressing well.

MicroStrategy doesn't appear to face significant immediate risks, its interest costs remain manageable, and financing is progressing well.
The launch of the leveraged MicroStrategy ETF has accelerated the trend of MicroStrategy's stock price
Although MicroStrategy has achieved short-term success by purchasing large amounts of Bitcoin and using leveraged financing, its strategy of over-reliance on rising Bitcoin prices also exposes it to huge risks, especially in the event of future market fluctuations.
Seeing the huge profits behind MicroStrategy's bond issuance and cryptocurrency purchase, some companies followed suit. Most of these companies' main businesses are not on the blockchain, and thanks to the purchase of Bitcoin, their stock prices also rose with the rise in Bitcoin prices.
Unlock Michael Saylor's infinite money-making machine and explore how MicroStrategy plans to become a trillion-dollar company.
The NPS's recent acquisition of MicroStrategy shares underscores its strategic approach to gaining indirect exposure to Bitcoin. Alongside its holdings in Coinbase, this move highlights the fund's increasing interest in cryptocurrency-related investments.
The value of MicroStrategy’s Bitcoin holdings has grown to about $13.5 billion since the company began buying the digital asset as part of its efforts to hedge against inflation.
Microstrategy's aggressive Bitcoin investments and innovative Lightning Rewards program underscore its strong belief in cryptocurrency as a key corporate asset.
MicroStrategy's Saylor is selling company shares worth $216 million to increase his Bitcoin holdings, while maintaining a significant stake in the company.
Microstrategy founder Michael Saylor tweeted that Microstrategy took action again and added another 14,620 BTC at an average price of about $42,110.