Key insights
- The author expresses a bearish outlook on MicroStrategy (MSTR), viewing it as a 'burning house of cards' due to its significant Bitcoin holdings and recent cash expenditure. The argument suggests MSTR may be forced to sell Bitcoin to cover its obligations, leading to a potential price decline. The author recommends buying put options on MSTR as a speculative bearish play.
If you want to be a gay bear and lose a lot of money you bet against AI giants that have the run a lifetime that is the play.
On the other hand you could bet on a burning house of cards in the ponzy market that crypto is. MSTR just burned through two thirds of their cash by paying out dividends and can not keep with their promise of never selling bitcoin. Last will dig their whole even deeper when they need to sell coins.
If you dont believe me - ask AI.
MSTR $130 PUT Jun 17 2027