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The MicroStrategy playbook: The good, bad and ugly

Summary by cryptocrunchapp.com

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. A specter is haunting crypto — the specter of cheap leverage. “Digital Asset Treasury companies” (DATs) are assembling stockpiles of bitcoin by funding it with primarily cheap debt and equity. It’s particularly weird because it’s not just financial services companies in the mix. GameStop has bought 4,710 BTC, the Japanese hotel business Metaplanet has built up $9…

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The MicroStrategy playbook: The good, bad and ugly

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Blockworks broke the news in 3 days ago on Monday, June 2, 2025.

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