To be downgraded, from a firm this has caused a massive crash the world has nightmares about!
This headline is exactly what we're currently seeing with CITI!
That's right, the firm that was extremely responsible for the entire massive 'GREAT RECESSION' has come to make a bold downgrade from our beloved MicroStrategy.
As reported by twitter user Vijay Boya:
"Citi downgraded MicroStrategy because of its plan to accumulate a significant amount of #Bitcoin in its corporate treasury.
Never forget this is one of the ratings agencies that rated subprime mortgages AAA right before the housing market crashed and destroyed the global economy"
It never ceases to amaze me how the culprits for such financial audacity can point the finger so quickly!
Developer & Market Analyst