Microstrategy will issue $500 million in bonds with the goal of buying even more BTC. The company announced an offering of convertible senior notes due 2032.
The net proceeds from the sale of the bonds will be used to purchase additional#BTCand for “general corporate purposes.”
Sailor's strategy is in implementation. While characters like BTC critic Peter Schiff are hating,#Microstrategyis borrowing a depreciating unlimited supply asset (USD) to buy an appreciating limited supply asset (BTC). The only question is that today#BTCis a risky and volatile asset. But this can be corrected with increased liquidity and in the event of transition to the status of “digital gold”.