MSTR Stock Up 40% in a Month, but Ross Gerber Still Calls Michael Saylor the 'Worst Thing' to Happen to B

Ross Gerber, CEO de Gerber Kawasaki Wealth and Investment Management, reiterated his criticism of Michael Saylor and Strategy Inc. (NASDAQ: MSTR), saying Saylor’s approach has put the wider Bitcoin market at risk. In remarks to Benzinga, Gerber argued that Strategy’s strategy—selling MSTR at a high premium to buy “cheaper” Bitcoin—worked in bull markets but has “unwound” in downturns. When MSTR trades at a discount, raising new capital can slow due to dilution. He pointed to Strategy pausing Bitcoin purchases, cleaning up its balance sheet, and selling some BTC to build dollar reserves. The company has since resumed buying after a two-month gap, and MSTR shares are up 40% in a month.