
Title: World’s Greatest Angel Investor Warns That MicroStrategy Is Buying Too Much Bitcoin
Calacanis, a vocal MicroStrategy skeptic, believes that the company’s massive buying spree could make the largest cryptocurrency unattractive for future buyers. The prominent entrepreneur suggested that investors are likely to move to another game if Saylor ends up consolidating too much Bitcoin.
The comments come after Strategy co-founder Michael Saylor joked about getting all of his best ideas from Barron’s in a social media post on X, which could suggest that he is taking a different approach to the market.
Source: u.today