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President Biden signed a $1.2 trillion spending package for the government budget, providing enough funds to cover expenses until October. 🖨️💵💵💵 #PrintMoney
MicroStrategy has officially announced the issuance of $525 million in bonds.
They are determined to take all of your Bitcoins.
One thing you may not know is that MicroStrategy's bonds have an interest rate of only 0.875% and will mature in 2031, almost like interest-free debt... So why would an investor buy MicroStrategy's bonds with such a low interest rate when government bond yields are around 5%? The reason is that they can convert these bonds into stocks in 2030, based on the provisions in the contract.
In other words, if Michael Saylor is right, MicroStrategy's stocks will be very valuable. If not, they can still recover their capital. What Michael Saylor is doing is using that money to buy Bitcoin.#MiscroStrategy #BTC
JPMorgan: Bitcoin Surpasses Gold as Investors' Portfolio Allocation Choice.
According to JPMorgan, given the recent influx of funds into Bitcoin ETF compared to gold ETF, the allocation towards Bitcoin is more than 3.7 times greater than that towards gold. #BTC #GoldETFs #JP_Morgan
🔥 U.S. Senators Jack Reed and Laphonza Butler have sent a recommendation letter to the SEC, urging them not to approve any further crypto ETF funds and to conduct investigations into companies promoting Bitcoin ETF funds.
😆 The anti-Bitcoin crowd and haters are crying even louder as they witness Bitcoin's continuous price surges.