The CEO of another “meme stock” has just posted an open letter to investors… wow. July 24, 2023 9:24 am by CWR Sharing is Caring! Sometimes silence is key. See also If Michael Saylor is a genius, why does he need to keep telling people to buy his stock and borrow massive amounts of money? If Bitcoin collapses he faces a massive margin call from his lenders. No one will lend him money, he can't issue new stock.See also Convertible notes protect noteholders if stock falls below conversion price: Cash, not stock, repays below the conversion price. $MSTR's leverage risk could destabilize $BTC; parallels drawn with $NVDA's market impact.h/t NEWSONVSU 144 views
