Swan.desk CEO Jacob King has publicly questioned MicroStrategy CEO Michael Saylor's investment acumen, specifically regarding his Bitcoin (BTC) strategy. This critique follows MicroStrategy's boast of maintaining a $30,000 average purchase price for BTC, even throughout the 2022 crypto winter. King argues that despite Bitcoin's impressive 1000% surge since MicroStrategy's initial investment, the company has only realized a 22% return. He attributes this comparatively low gain to Saylor's aggressive purchasing strategy, which significantly increased the average purchase price. King highlighted, "BTC has risen 1000% since the initial purchase, but the company's actual return is only 22%. Due to excessively high average purchase price increases, they've only captured 2% of the gains." King further draws parallels to Saylor's past investment performance during the dot-com bubble, suggesting a recurring pattern of suboptimal investment decisions. The comments have sparked a wider debate about the effectiveness of MicroStrategy's Bitcoin accumulation strategy. ```