Microstrategy’s team is so ‘elite’ they somehow skipped paying $4 billion in taxes.
So what does Michael Saylor do? Sells $4 billion in stock to plug the hole. Translation: they’re broke. Makes you wonder how he plans to cover bond payments when the next crypto winter hits — guess he’ll just dump more shares.
I get it, other investors get it — once Bitcoin tanks, MSTR will nosedive even harder.
Also fun fact: now they have to pay 15% every year on unrealized Bitcoin gains. Do the math — they’re on track to go bankrupt by the next halving.
And their actual business? Pulls in maybe 10% a year. Not exactly a fortress
$4 billion? you add up many figures right there. Since the settlement amount is $40m which I think they already settled base on what has been written in this site
https://cointelegraph.com/news/microstrategy-michael-saylor-40m-tax-settlementThe tax settlement is around $40m and I think they already done with that since MicroStrategy still running and continue to do their Bitcoin investment without getting bothered by government.
So let see if your assumption will happen but I really think that they are aware on things that can make their company collapsed and so far they are doing good with the investment choices they made on Bitcoin.