Aswath Damodaran (@aswathdamodaran) 's Twitter Profile
Aswath Damodaran

@aswathdamodaran

Fascinated by finance & markets and like writing about them, but teaching is my passion.

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linkhttp://damodaran.com calendar_today19-04-2009 14:54:22

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Aswath Damodaran
@aswathdamodaran

22 days ago

In the last few years, MicroStrategy has become a Bitcoin SPAC, with investors attributing savant-like status to Michael Saylor. Its success has led some to push companies to shift their cash into bitcoin. As a general principle, this is a bad idea, but there are four carveouts.

In the last few years, MicroStrategy has become a Bitcoin SPAC, with investors attributing savant-like status to Michael Saylor. Its success has led some to push companies to shift their cash into bitcoin. As a general principle, this is a bad idea, but there are four carveouts.