Michael Saylor: MSTR is a credit default swap for over $100 trillion in assets from the 20th century

CoinVoice recently learned that MicroStrategy founder Michael Saylor posted on X stating: "MSTR is a credit default swap for over $100 trillion in assets from the 20th century."

Note: A credit default swap (CDS) is a type of credit derivative that is one of the main tools for mitigating credit risk in over-the-counter trading. It can be viewed as a form of insurance against the default of a financial asset. [Original link]