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Rising Risk in MicroStrategy’s Infinite Money Glitch
Borrow money through convertible debt. Buy Bitcoin (CRYPTO:BTC) to drive prices higher. Sell new stock to buy more Bitcoin.
Why investors are lending MicroStrategy billions of dollars at 0% interest so it can buy bitcoin
If bitcoin goes to the moon, a niche group of convertible-bond investors will win out. If the crypto tanks, they can ask for their money back early.
A Better Way To Play Bitcoin?
What drove MicroStrategy’s outperformance is its Bitcoin Balance Sheet Strategy. MicroStrategy CEO Michael Saylor is arguably the world’s leading cheerleader for Bitcoin. After having turned his ...
MicroStrategy’s Saylor Calls Bonds ‘Toxic’ in Pitch for Bitcoin
Companies should buy Bitcoin because bonds are “toxic,” according to MicroStrategy Inc. co-founder and Chairman Michael ...
Cantor boosts MicroStrategy's price target as bitcoin drives treasury profits
Cantor analyst sees MicroStrategy stock rising as the company continues to add bitcoin to its balance sheet, despite a recent ...