
₿ruce ⚡️#Bitcoin is money
@techexe • 2,734 subscribers
Bitcoin is money.
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In 2000, Michael Saylor claimed MicroStrategy was wildly profitable—until an SEC investigation revealed the company was actually losing money. When MicroStrategy restated its financials, the stock plunged 62% in a single day and eventually collapsed over 99% from its peak, erasing billions in shareholder value. Saylor paid over $8M to settle civil charges. Don't ignore history when evaluating corporate financial models.
₿ruce ⚡️#Bitcoin is money15,272 views • 5 days ago
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