4 ms·
MSTR has had declining nominal revenue (let alone real-dollar) basically every quarter since 2014. [1] Remember too that Saylor popped the 1999 tech bubble whe
by arcticbull 3y ago
MSTR has had declining nominal revenue (let alone real-dollar) basically every quarter since 2014. [1]
Remember too that Saylor popped the 1999 tech bubble when he was accused by the SEC of cooking the MicroStrategy company books. Settled for millions dollars in fines, and should have at that point been banned from ever running a public company, but hey, this is America. When they restated their books, he lost more money in a single day than anyone in history. [2]
Not sure he's really someone to be taken seriously. He's shown some questionable judgement, to put it mildly. Desperation will do that to you.
[1] https://www.macrotrends.net/stocks/charts/MSTR/microstrategy/revenue https://www.macrotrends.net/stocks/charts/MSTR/microstrategy...
[2] https://www.nytimes.com/2000/12/15/business/microstrategy-chairman-accused-of-fraud-by-sec.html https://www.nytimes.com/2000/12/15/business/microstrategy-ch...