Odaily Planet Daily News: Bitcoin advocate Max Keiser published an article on May 30th criticizing Bitcoin finance companies that have recently imitated the MicroStrategy model, questioning their ability to maintain financial discipline in a long-term bear market. He stated that Michael Saylor has continued to increase positions and not sell during past bear markets, and many 'strategy cloning companies' have not yet experienced similar market conditions. If they encounter a pullback, they may not be able to demonstrate the same firm holding attitude.
Keiser wrote, 'Saylor has never sold even at a loss, keep buying.'. It is foolish to believe that the new generation of BTC financial companies will have the same discipline. Strategy is the essence of Bitcoin in financial operations. Please act accordingly. ”
After MicroStrategy's stock price surged to a peak of $543, dozens of strategy imitators emerged in the market, such as asset management company Strike (founded by Vivek Ramaswamy) announcing the adoption of BTC reserve strategy on May 7th; TMTG, a media technology company under Trump, also announced on May 27th that it will raise $2.5 billion to purchase Bitcoin.
Another analysis suggests that the current premium of Metaplanet is as high as $600000, and investors pay nearly six times the cost of directly purchasing BTC to gain exposure. The premium risk is worth being wary of.
