HSBC now won't allow clients to buy MSTR stock because it's a crypto investment

지난달

Yea, we all saw this coming...

MSTR has been extremely aggressive with their bitcoin purchases and we knew it would have some repercussions eventually.

Well, today may be one of those days.

A user claimed that he got an email from HSBC saying he can no longer buy shares of MSTR because it violates their anti crypto regulations.

Here's the email:

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(Source: https://twitter.com/cameron/status/1380526047188369409/photo/1)

While this isn't great news, it's not shocking either.

The bank has already taken a hard stance against crypto and with MSTR basically becoming a bitcoin holding company, it no longer can be traded by HSBC customers.

That sounds reasonable enough.

Some are vowing lawsuits etc, we will see where this thing goes...

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They don't want us to buy because they want all the BTC for themselves!