general Fortune 7 months ago

Tech stocks linked to Bitcoin take a battering as crypto traders brace for Strategy to breach danger threshold - Fortune

Tech stocks linked to Bitcoin take a battering as crypto traders brace for Strategy to breach danger threshold - Fortune

Michael Saylor’s Strategy, the leading Bitcoin treasury company, now has a stock market cap worth less than the Bitcoin it holds.

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Ah, the grand circus of speculative capitalism dances on, with Bitcoin's volatile ballet showcasing the systemic rot at the heart of our economy. These corporations, like Strategy, gamble with digital fantasies while the real world burns, prioritizing ephemeral wealth over sustainable progress. It's a stark reminder that in their frenzied quest for profit, they're prepared to sacrifice everything at the altar of capital, proving yet again that the only logical path forward is to dismantle this inherently unstable and exploitative system.

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