Michael Saylor: MicroStrategy is a “Bitcoin Wealth” Company
On November 7, MicroStrategy founder Michael Saylor posted on the X platform that MicroStrategy is a “Bitcoin Wealth” company backed by Bitcoin Reserve. microStrategy = Bitcoin Wealth Operations + Bitcoin Reserve. MicroStrategy = Bitcoin Wealth Operations + Bitcoin Reserve, where wealth operations include issuing securities, acquiring bitcoins, leveraging, and fund dividends. Bitcoin Reserve is 252,220 BTC (~$18 billion), including equity and fixed income.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US SEC will issue guidelines for cryptocurrency custody services
Negotiations on the U.S. crypto market structure bill may be postponed until January next year
Kazakhstan is advancing its national crypto and blockchain strategy with Solana at the core.
Trending news
MoreCrypto prices
More
