Wu learned that Sandeep Nailwal, co-founder of Polygon and CEO of the Polygon Foundation, tweeted that he "hopes and prays that Strategy (MSTR) does not become the LUNA of this cycle," stating that if a publicly traded company deeply tied to Wall Street and retail investors experiences a "death spiral," it would be the outcome the industry least wants to see. He expressed hope that Michael Saylor could "cast Wall Street magic" to stabilize the situation.
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Wu learned that Sandeep Nailwal, co-founder of Polygon and CEO of the Polygon Foundation, tweeted that he "hopes and prays that Strategy (MSTR) does not become the LUNA of this cycle," stating that if a publicly traded company deeply tied to Wall Street and retail investors experiences a "death spiral," it would be the outcome the industry least wants to see. He expressed hope that Michael Saylor could "cast Wall Street magic" to stabilize the situation.