Veteran investor Ross Gerber has issued a warning regarding MicroStrategy's leveraged Bitcoin investment strategy, suggesting it could lead to catastrophic outcomes. Gerber's concerns echo those of economist Peter Schiff, who has criticized the company's approach of acquiring more Bitcoin through stock and bond issuance. MicroStrategy, which holds 650,000 Bitcoin at an average price of $74,433 per Bitcoin, has announced a $1.44 billion reserve to pay dividends without selling Bitcoin during economic downturns. However, a 14% drop in Bitcoin's price would result in a loss on the company's position, raising questions about the sustainability of its business model.