Uber’s early investor urges investors to buy Bitcoin directly, cautioning against Michael Saylor’s strategy with MicroStrategy and estimating a 75% chance of his view being correct.
Jason Calacanis, an early investor in Uber, advised investors to buy Bitcoin directly rather than through MicroStrategy (MSTR) stock, citing potential risks in Michael Saylor’s Bitcoin treasury strategy. He estimated a 75% chance that his view will be proven correct, raising concerns about the long-term viability of companies holding Bitcoin as their main asset.