@quirkyquail
In a new X post, Max Keiser, renowned Bitcoin evangelist, has placed Strategy (MSTR) and its chairman, Michael Saylor, in the same category as Elon Musk and Tesla. The essence of Keiser's message is that the premium on MSTR stock reflects more than just the Bitcoin holdings of the company, but investor confidence in Saylor.
Through the unconventional analogy, Keiser argues that investors are buying the "jockey, not the horse," in a similar way to how Tesla once traded at extreme multiples based on belief in Elon Musk’s ability to deliver.
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