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<blockquote data-quote="BadIdeaGuy" data-source="post: 5147201" data-attributes="member: 73381"><p>We're about 2K USD away from Tesla to be underwater on their crypto purchases.</p><p>5K USD away from MicroStrategy away from being in the red.</p><p>Square bought in at 27K, so they've got some runway still.</p><p></p><p>If a couple companies get weak hands and sell off, that's gonna make some sensational headlines, and it'll make it crash way harder.</p><p></p><p>I'm not sure how it'll work for these different companies, but I'm sure a lot of investors and board members are probably gonna be pressuring them to get out of the crypto game right about now.</p></blockquote><p></p>
[QUOTE="BadIdeaGuy, post: 5147201, member: 73381"] We're about 2K USD away from Tesla to be underwater on their crypto purchases. 5K USD away from MicroStrategy away from being in the red. Square bought in at 27K, so they've got some runway still. If a couple companies get weak hands and sell off, that's gonna make some sensational headlines, and it'll make it crash way harder. I'm not sure how it'll work for these different companies, but I'm sure a lot of investors and board members are probably gonna be pressuring them to get out of the crypto game right about now. [/QUOTE]
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