As I stated yesterday, Microstrategy has gone to the well once too often. It is a Catch 22. If they don’t keep the ponzi going with ever more frequent financings to get money to buy more Bitcoin, then Bitcoin would fall. If Bitcoin falls MSTR implodes.

This latest deal is in trouble and as I surmised in yesterday’s piece, this would probably be the last one. They will have to rejigger the deal but after it gets sold, the thing is gonna fail. Next week, next month? Hard to tell but the end is near. https://www.marketwatch.com/articles/bitcoin-microstrategy-preferred-stock-9db98b29?siteid=bigcharts&dist=bigcharts