If coinbase folds, a lot of people are going to find out just how bad it is. 

Im also confused but I think strategy won't survive because it's not buying real Bitcoin anymore. The paper Bitcoin thing won't sustain in case a calamity happens like 2021. 

Coinsreporter

I'm going to say maybe. It seems like Saylor is prepared to endure a bear market, although nobody was expecting it to start this soon. I don't know if we're in a bear or not, but this cycle is already deviating from past cycles.

Anyhow, I think there are other companies that are following his example that will fold before he does, but time will tell.

AskSN

Has Michael Saylor's Strategy built a house of cards?

I'm going to say maybe. It seems like Saylor is prepared to endure a bear market, although nobody was expecting it to start this soon. I don't know if we're in a bear or not, but this cycle is already deviating from past cycles.

Anyhow, I think there are other companies that are following his example that will fold before he does, but time will tell. 