Michael Saylor—and Strategy—Go Under the Microscope as Bitcoin's Price Drops

Key Takeaways Bitcoin's latest swoon is driving analysts' concerns about Strategy, which is one of the biggest buyer of the leading cryptocurrency around. The company's paid $76,000, on average, for its stockpile of 713,502 bitcoins. That's not that far below current prices. A fire sale in bitcoin is throwing some harsh light on one of its major buyers. Bitcoin evangelist Michael Saylor, executive chairman of Strategy (MSTR), is taking heat as crypto markets keep taking hits. Shares of Strategy, th ...

Michael Saylor—and Strategy—Go Under the Microscope as Bitcoin's Price Drops - Reportify