For the first time on Wall Street, analysts have suggested that investors sell Strategy, as the market seems to be nearing "saturation."
The strategy (formerly MicroStrategy) of purchasing Bitcoin through the sale of stocks and bonds may be coming to an end. The first analyst to suggest investors sell, Gala, believes that the reaction of investors to MicroStrategy's recent issuance of bonds and preferred stock has been less than ideal. The market is nearing "saturation," and the cost of continuing to purchase Bitcoin in the future may be higher.