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RE: Unbelievable! CITI downgrades MICROSTRATEGY because they want to own BITCOIN.

in LeoFinance4 years ago

Sounds reasonable. MicroStrategy is exchanging stable reserves for a highly volatile asset. Financial models will punish you for that.

While STONKS only go up, crypto can drop quite a bit ;)

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Very true, it's a very volatile asset in general so I do understand. It's just funny coming from a firm that was doing rather risky things themselves!

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