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Dave Portnoy urges MicroStrategy to buy more Bitcoin to boost prices amid his XRP and MSTR losses.

Market News
08 Jun 2026
The Currency Analytics
View Source
Bearish
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Dave Portnoy, facing losses in his XRP holdings and MicroStrategy (MSTR) stock, publicly urged MicroStrategy CEO Michael Saylor to increase Bitcoin purchases. Portnoy hopes that large-scale buying by MicroStrategy could raise Bitcoin prices and help recover his portfolio losses. MicroStrategy, known for its aggressive Bitcoin accumulation, has not responded to this request. The situation highlights the risks of leveraged exposure to crypto assets and related equities, with many investors watching MicroStrategy's moves closely for market signals.

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