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:

(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...