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All of Michael Saylor’s Ethereum predictions were wrong

Michael Saylor got predictions about unregistered securities, spot Ethereum ETFs, and institutional investor support completely wrong.

Michael Saylor dumps quarter billion worth of MSTR while hyping bitcoin

This month alone, Michael Saylor has sold over $70 million worth of MicroStrategy stock, while in March he sold $144 million.

According to its most recent 8K, MicroStrategy, holds 214,246 bitcoins — between 1.3% and 1.8% of all bitcoin that can ever be moved.

Buying MSTR appears to earn you 98% value in MicroStrategy’s bitcoin, but when including Class B shares and convertibles, it’s less than 85%.

MicroStategy claimed in December that it would sell its bitcoin before offloading more shares. Since then, it’s sold $339 million in shares.