MicroStrategy is a ‘desperate’ Ponzi scheme: analyst

Micah Zimmerman

Analyst Jacob King has labeled MicroStrategy’s Bitcoin-focused business model a “giant scam,” claiming it is unsustainable and destined for collapse. King, a contributor to the Whalewire newsletter, issued this critique of MicroStrategy in a detailed post on X. King argued…

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MicroStrategy is a ‘desperate’ Ponzi scheme: analyst