MicroStrategy’s Bitcoin Bet Raise Red Flags As Crypto Prices Drop, Report

Four years ago, MicroStrategy co-founder and Chairman Michael Saylor, turned to Bitcoin as a way to invest the company’s excess cash rather than traditional assets like short-term Treasuries. This decision has transformed the software firm into the largest corporate holder of the largest cryptocurrency on the market, with a Bitcoin stockpile now worth nearly $15 […] source: https://bitcoinist.com/microstrategys-bitcoin-bet-raise-red-flags/