Michael Saylor’s Copycats Are Creating a Crowded Trade
Michael Saylor, co-founder and executive chairman of Strategy, during the DC Blockchain Summit in Washington in March.
Photographer: Kent Nishimura/BloombergThis article is for subscribers only.
David Pan sizes up the crowds of Michael Saylor copycats trying to tap capital markets.
Michael Saylor made securities related to his company Strategy the hottest trade on Wall Street last year thanks to the company’s multibillion dollar exposure to Bitcoin and a historic bull run in the crypto market.