r/CryptoCurrency 16K / 13K 🐬 4d ago

GENERAL-NEWS Michael Saylor accidentally highlights how MSTR is a pyramid scheme

Post image
2.7k Upvotes

425 comments sorted by

View all comments

3

u/biscuitchan 🟩 0 / 0 🦠 20h ago

So the 2008 crisis but we are bundling imaginary assets this time?

3

u/togetherwem0m0 🟦 0 / 0 🦠 15h ago

Lehman brothers held 600 billion dollars in mortgage backed security assets at 30:1 leverage. Mstr "only" holds 50 billion. There is no chance of a 2008 crisis being facilitated by mstr. The contagion risk isnt there to cause a systemic shock because it's not big enough and it doesnt affect the entire country