MicroStrategy Is Selling Corporate Bonds to Buy Bitcoin

#bitcoin

"MicroStrategy Inc. filed a “shelf” registration with the U.S. Securities and Exchange Commission to sell as much as $1 billion in common shares for general purposes, including the purchase of more Bitcoin."

https://finance.yahoo.com/news/microstrategy-files-sell-much-1-212643856.html

 

"Michael Saylor is a Picasso of Financial Engineering"

Click the play and watch for 5-7 minutes





In Michael's own words... "that was accretive"

Hit the play button, short video

 

He should just spin off the software side of the company and just rename microstrategy to cryptostrategy and call,it a day. If I was a customer of the software I would be looking for an exit strategy.

 

And they bought more BTC again in the recent dump to 29k

 

when you started buying BTC ?

 

you would be dumb not to. lmao.

 

Yer a rebel! (And yer probably right. It's like GME, but with a lot more going for it, all this major crypto.)