💥MicroStrategy’s Saylor Wants More ‘Intelligent Leverage’💥
Firm will likely revise capital raising plan once limit is met
Regulated US exchanges like Coinbase used to buy Bitcoin
MicroStrategy’s Shift in Funding Strategy for Bitcoin Purchases
Michael Saylor, Co-founder and Chairman of MicroStrategy Inc., revealed the company’s evolving approach to raising capital for Bitcoin acquisitions. In a Bloomberg Television interview, Saylor emphasized a future focus on utilizing fixed-income securities to fund Bitcoin purchases once its current fundraising methods are exhausted.
Historically, MicroStrategy has relied on a combination of equity offerings and convertible bond sales to accumulate its substantial Bitcoin reserves. Convertible bonds, in particular, have been favorable for investors as the company’s stock price surged, approaching levels where these bonds could be converted into shares.
This strategic shift underscores MicroStrategy’s commitment to expanding its Bitcoin holdings while exploring diverse financial instruments to optimize its capital-raising processes.
