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Michael Saylor Bet Billions on Bitcoin and Lost (wsj.com)
17 points by davidclark22 1411 days ago
3 comments

I had to laugh out loud at the combination of hubris and reality denial at work here.

Taking your corporate cash reserve to the nearest asset casino is not a 'risky strategy' so much as the complete absence of any strategic idea at all.

Michael is in it for the long haul ... as long as he can stay afloat until the inevitable upswing
Yeah, how has he lost exactly? He hasn't sold.

Awful reporting from a once reputable organization.