Arca CIO Warns Strategy’s Bitcoin Bet Has ‘Gotten Out Of Hand’
Arca CIO Jeff Dorman warned that Strategy’s Bitcoin-heavy balance sheet has entered a more dangerous phase, arguing that the company, Bitcoin holders and its preferred shareholders are now locked in a difficult capital-structure tradeoff. In a May 28 post on X, Dorman said he is “not in Saylor’s inner circle,” but argued that the MSTR… Continue reading Arca CIO Warns Strategy’s Bitcoin Bet Has ‘Gotten Out Of Hand’