FullCrypto
Reading Time: 3 minutesMicroStrategy currently owns 386,700 bitcoins, worth $37.6 billion The company has raised over $2 billion through convertible notes and secured loans to fund Bitcoin purchases What are the risks of its approach to both Bitcoin and MicroStrategy’s stock value? Ever since MicroStrategy first dipped its toe into the Bitcoin water with a $250 million purchase in August 2020…
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Under the Hood of MicroStrategy’s Bitcoin Bet
Reading Time: 3 minutesMicroStrategy currently owns 386,700 bitcoins, worth $37.6 billion The company has raised over $2 billion through convertible notes and secured loans to fund Bitcoin purchases What are the risks of its approach to both Bitcoin and MicroStrategy’s stock value? Ever since MicroStrategy first dipped its toe into the Bitcoin water with a