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2 months before the bear-market bottom, the Wall Street Journal felt safe enough to kick Saylor with this WRONG headline.
There were ignorant calls on 𝕏 that MicroStrategy would be liquidated, even though there were no margin calls on the debt, which were mostly long duration 5-6 year terms. Source: Bitcoin Archive
JUST IN: MicroStrategy breaks $50 BILLION market cap and is now worth more than Ford Motor Company.
Ford has lost ~60% of its market cap since 2022 and holds $26 BILLION in cash, about 65% of its total market cap! The "melting ice cube" of cash holdings, eroded by inflation year after year. This is what Michael Saylor feared for his company when he decided to buy Bitcoin in 2020. MicroStrategy's market cap is UP ~45x since then. Source:
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