Could the Virtuous Circle of "Bitcoin Treasury Company" That Michael J. Saylor Is Selling to Investors Turn Into a Destructive Vicious Circle?
Warning, do not read this article if you are a blind Michael J. Saylor fan.
In the world of finance, there always comes a time when you have to confront a seductive theory with a sometimes catastrophic practice. Do you remember SPAC?
You may find it hard to remember this barbaric acronym. SPAC stands for Special Purpose Acquisition Corporation. SPACs were brought to prominence in 2021. Donald Trump himself used such a vehicle to…
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