Saylor’s Losses Are Now Approaching $1 Billion
Michael Saylor was $4 billion in the money last year as bitcoin approached $70,000. Seven months later, he is losing almost $1 billion. When bitcoin was topping, he was persuading everyone how bitcoin was the best investment ever. Interestingly, not a peep on any of this from him now. As the market makes new lows daily, it will be interesting to see when comes the margin call. My prediction: bitcoin’s low will be in the day Saylor is forced to sell.