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MicroStrategy’s Bitcoin Bet and the Antifragility Question

MicroStrategy is now valued at $89B and has $37B in Bitcoin (386,700 BTC at $97k each). $8B in debt due over the next 8 years. Heavy reliance on BTC price increases. The company is planning an additional $21B in convertible note issuances. What could go wrong? Are they enough antifragile, @nntaleb?

MicroStrategy’s Bitcoin Bet and the Antifragility Question

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