{"id":4338,"date":"2024-12-17T10:05:29","date_gmt":"2024-12-17T10:05:29","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4338"},"modified":"2024-12-17T10:05:29","modified_gmt":"2024-12-17T10:05:29","slug":"mstr-stock-rises-nearly-2-in-pre-market-as-michael-saylor-counters-critics-who-label-microstrategys-bitcoin-play-ponzi-scheme-thats-why-your-buildings-are-so-tall-in-new-york-city","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4338","title":{"rendered":"MSTR Stock Rises Nearly 2% In Pre Market As Michael Saylor Counters Critics Who Label MicroStrategy&#8217;s Bitcoin Play Ponzi Scheme: &#8216;That&#8217;s Why Your Buildings Are So Tall In New York City&#8217;"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) co-founder <strong>Michael Saylor <\/strong>responded on Monday to critics who call the firm&#8217;s <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) acquisition strategy a Ponzi scheme, equating it to Manhattan&#8217;s real estate industry.<\/p>\n<p><strong>What happened<\/strong>: During a CNBC <a href=\"https:\/\/www.cnbc.com\/video\/2024\/12\/16\/watch-cnbcs-full-interview-with-microstrategy-ceo-michael-saylor.html\">interview<\/a>, Saylor was asked his views on the argument that the company&#8217;s much-discussed strategy, which capitalizes on high returns from Bitcoin to buy more Bitcoin, is a Ponzi scheme.<\/p>\n<p>&#8220;Just like developers in Manhattan, every time real estate goes up in value, they issue more debt to develop more real estate,&#8221; Saylor came up with a sharp retort. &#8220;That&#8217;s why your buildings are so tall in New York City.&#8221;<\/p>\n<p>The Bitcoin advocate said that such a practice has been in place for 350 &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42524546\/michael-saylor-counters-critics-who-label-microstrategys-bitcoin-play-ponzi-scheme-calls-it-similar-to-manhattans\" alt=\"MSTR\" stock rises nearly in pre market as michael saylor counters critics who label microstrategy bitcoin play ponzi scheme: why your buildings are so tall new york city>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor responded on Monday to critics who call the firm&#8217;s Bitcoin (CRYPTO: BTC) acquisition strategy a Ponzi scheme, equating it to Manhattan&#8217;s real estate industry. What happened: During a CNBC interview, Saylor was asked his views on the argument that the company&#8217;s much-discussed strategy, which capitalizes on high returns from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4338","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4338"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4338\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}