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<p>Unstoppable, that’s the word that comes to mind when thinking of MicroStrategy and its incredible Bitcoin-focused plan. Led by Michael Saylor, the company has made BTC its weapon of choice, even borrowing massively to accumulate it. But is this bold bet flaw-free? Anthony Pompliano, a major figure in the crypto world, lifts the veil on the unsuspected risks of such a strategy.</p>
<h2 id="h-bitcoin-entre-genie-financier-et-abimes-inexplores">Bitcoin: Between Financial Genius and Unexplored Abysses</h2>
<p>MicroStrategy, under the impetus of Michael Saylor, embarked on <strong>an intriguing adventure</strong> that will allow it to <a href="https://www.cointribune.com/en/microstrategy-will-be-worth-trillions/" target="_blank" rel="noopener noreferrer nofollow">be valued in the trillions</a>: financing its massive purchases of bitcoin via convertible debt. A tactic that, on paper, is quite compelling. By selling <strong>shares with a 55% premium</strong>, the company raises considerable funds to invest in the flagship crypto.</p>
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<p>However, <a href="https://x.com/maxkeiser/status/1862667692148154774" target="_blank" rel="noopener noreferrer nofollow">Anthony Pompliano warns</a>:</p>
<p>« <em>When everyone says there’s no risk, an alarm goes off in my head.</em> »</p>
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     <p lang="en" dir="ltr">There is only one risk in <a href="https://twitter.com/saylor?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@saylor</a>’s <a href="https://twitter.com/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$MSTR</a> play and the chances of it happening are infinitesimal <a href="https://t.co/yMMWPKCiU1" rel="noopener noreferrer nofollow">https://t.co/yMMWPKCiU1</a></p>— Max Keiser (@maxkeiser) <a href="https://twitter.com/maxkeiser/status/1862667692148154774?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 30, 2024</a>
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<p>The <strong>real danger</strong>, according to him, lies in <strong>the unknowns</strong>: the legendary volatility of BTC, market fluctuations, and, above all, the mirage of absolute certainty.</p>
<p><strong>Three key elements to understand the risk:</strong></p>
<ul>
 <li>The dependence on fluctuations in the <a href="https://www.cointribune.com/en/crypto-markets/bitcoin-btc-en/" target="_blank" rel="noopener noreferrer nofollow">value of bitcoin</a>, unpredictable and brutal;</li>
 <li>Exposure to regulatory risk, particularly in the United States;</li>
 <li>The fragility of the entire plan if investors lose confidence.</li>
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<p>In short, financial genius can also become <strong>a trap</strong> for those who forget that bitcoin remains <strong>a high-risk asset</strong>.</p> 
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<h2 id="h-usa-vers-une-reserve-nationale-en-bitcoin">USA: Towards a National Reserve in Bitcoin?</h2>
<p>In an unexpected turn, Anthony Pompliano revealed an idea that could <strong>revolutionize the American economy</strong>: creating a national reserve in bitcoin. He proposes that the government invests <strong>250 billion dollars in crypto</strong> to counteract the devaluation of the dollar.</p>
<p>This idea, <strong>supported by figures</strong> like Donald Trump, could transform the position of BTC in the United States. But a dark scenario lingers: what would happen if bitcoin were to be banned from the territory? Pompliano admits, although it’s unlikely, such a measure would destroy the stock prices of MicroStrategy and shake the market.</p>
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<p>Despite everything, the allure of a Bitcoin sanctified at the heart of American economic policy fuels both the hopes and fears of investors.</p>
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<p>The overambitious goals of MicroStrategy are not without risk. The volatility of bitcoin remains a formidable enemy: the company knows something about it, having suffered <a href="https://www.cointribune.com/en/bitcoin-microstrategy-lost-30-billion-in-four-days/" target="_blank" rel="noopener noreferrer nofollow">a loss of 30 billion in just four days</a>.</p>

Bitcoin: Is Michael Saylor Playing With Fire?

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