Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, warned this week that Strategy Inc.’s leveraged Bitcoin accumulation model could trigger a massive selloff if it unwinds. He criticized the practice of selling shares at inflated valuations to buy Bitcoin, noting that Strategy’s stock trades at roughly 1.61x its BTC holdings of 629,376 coins, valued at over $72 billion. Strategy has responded that its shift to perpetual preferred stock shields it from forced liquidations even in an 80% drawdown. Additionally, several listed Bitcoin miners are redirecting infrastructure toward AI hosting, with Core Scientific converting a 300-megawatt Texas facility into an AI data center campus.
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