Popular Tesla investor warns Saylor’s Bitcoin model 'destroys value'

Tesla investor and CEO of Gerber Kawasaki Wealth & Investment Management, Ross Gerber, has joined the chorus of critics questioning Michael Saylor’s Bitcoin strategy. In a Dec. 2 post, Gerber mocked the business model of Strategy, writing: “I'm going to start a company to buy gold. Then go public and you can pay 1.5x the gold I own because the business of buying gold is so special it deserves a premium... or maybe it should be a discount... as this actually costs money and destroys value... gold and Bitc ...