Strategy CEO Phong Le Thinks MSTR Stock Will Outperform Bitcoin During the Next Bull Market. Here's Why He's Wrong.
Even if Bitcoin recovers, Strategy may have a difficult time regaining its former mojo.
Overview
Just two years ago, Strategy (NASDAQ: MSTR) was the talk of the stock market. It had somehow figured out a way to outperform Bitcoin (CRYPTO: BTC), and its aggressive, nonstop strategy of accumulating Bitcoin as quickly as possible seemed like a stroke of genius.
So, could the same phenomenon happen again as soon as Bitcoin goes into bull market mode? Strategy CEO Phong Le is convinced that it could happen; all that's required is for investors to patiently wait out the current crypto bear market.
Details
The problem, quite frankly, is that Strategy has already ruffled the feathers of quite a few crypto investors with its new approach of "Sometimes sell your Bitcoin." Remember, this was the company that famously told investors, "Never sell your Bitcoin."
Source
Originally published at www.fool.com.