Saylor's Bitcoin Bet Faces Risks from Cryptocurrency Rally

Michael Saylor, CEO of MicroStrategy, is likely hoping that Bitcoin's price doesn't rise too much. According to Javier Mateos' analysis, a rally in Bitcoin could potentially bankrupt Saylor's strategy.

In an article on HackerNoon, Mateos argues that while a crash in Bitcoin might be survivable for Saylor's strategy, a significant increase in the cryptocurrency's value would pose a major risk.