I wonder if Saylor learned anything from Do Kwon's idiot plan to publicly telegraph giant buys of bitcoins.
Well, he certainly doesn't seem to have any kind of filter from his brain to his mouth when it comes to his love of bitcoin--and I'm not so sure it's a great idea for him to be extolling the virtues of bitcoin on Twitter, Youtube, and wherever else considering how large a position MSTR has in it. The SEC and/or MSTR's shareholders might eventually put him under the microscope for doing that. I have no idea if he's doing anything illegal by doing that, but I'll bet that his shareholders are pretty pissed right now.
As I've said before, it's great that Saylor is such a big advocate of bitcoin....but he runs a publicly traded company and seems to be using every spare dollar (and more) the company earns to buy it. I'm sure nobody was complaining when bitcoin was rising, but now? Yeah, I'm just waiting until there's a class action lawsuit brought against MSTR for something related to bitcoin.
When I woke up today and saw that bitcoin was under $19k, the first thing I thought of was MSTR and how much of a hit they're going to take. Yikes.