MicroStrategy Is Selling Corporate Bonds to Buy Bitcoin

[johnarb]

#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

 

[Baron]

Love it. Buying more BTC, ETH, and MATIC now.

 

[johnarb]

Love it. Buying more BTC, ETH, and MATIC now.

"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

 

[KINGOFSHORTS]

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.

 

[Sikabum]

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

 

[Saxio]

Love it. Buying more BTC, ETH, and MATIC now.

when you started buying BTC ?

 

[Baron]

when you started buying BTC ?

I've been buying since December 2020. Currently, my average price is a little under $22k.

 

[IamTheCasino]

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

you would be dumb not to. lmao.

 

[Overnight]

I've been buying since December 2020. Currently, my average price is a little under $22k.

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