MicroStrategy CEO: Bitcoin is backed by macro analysts and industry experts.

On Jan. 23, DCG CEO Barry Silbert said in a recent tweet that it's time to derail the companies involved in digital asset trading, who are braced against the implications on the decline of commodity tokens. Robinhood shares have fallen 29.61% since the start of 2021. The stock has fallen more than 80% since hitting an all-time high of $80 shortly after the IPO. Coinbase shares, meanwhile, are down 23.5% year-to-date, closing at $13.38 on Friday. Friday was even worse for MicroStrategy, with reports that the US was attacking MicroStrategy's non-GAAP (Most Acceptable Financial Regulations) bitcoin accounting method, with the company's shares falling 71% from its high. February 2021. David Mercer, CEO of LMAX, says venture capital can help spur investment when public companies are struggling. Speaking of cryptocurrency trading companies, Mercer said they are “oversold” in the stock market. Eric Risley, managing director of M&A, an expert partner at Architect Partners, said that the current business situation is not conducive to the current crypto IPO announcement. (several blocks)