• Dapps: 16.23K
  • Blockchains: 78
  • Active users: 66.47M
  • 30d volume: $303.26B
  • 30d transactions: $879.24M

MicroStrategy’s $3 Billion Bonds Boost Bitcoin Strategy

by

3 hours ago

MicroStrategy's CEO Michael Saylor reiterated the company's commitment to investing in Bitcoin as a key part of capital markets transformation.

Bitcoin as a Long-Term Strategy

MicroStrategy is the largest corporate holder of Bitcoin globally. The company began its Bitcoin investments with an initial purchase of $250 million in August 2020, growing its Bitcoin holdings to over $15 billion. Michael Saylor emphasizes that this approach is a long-term strategy that signifies a shift towards digital assets, rather than a temporary phenomenon.

New Capital Models

MicroStrategy uses its Bitcoin reserves to develop new funding models. Besides its software business, the company runs a Bitcoin securitization business, having raised over $3 billion through convertible bonds and equity offerings.

Impact on Traditional Capital Markets

Michael Saylor believes Bitcoin can reshape traditional capital markets by enhancing capital flow and efficiency through digital assets. He regards Bitcoin-backed securities as offering investors fixed income and downside protection.

MicroStrategy's Bitcoin acquisition strategy is not seen as a short-term endeavor. It is part of a broader transformation in capital markets with significant implications for future financial models.

0

Share

Other news

Market Bets on Bitcoin's Continued Rise: Analysis Shows Trend Towards $70,000

Bitcoin price shows an upward trend supported by rising trade volume. Analysts predict a possible reach to the $70,000 mark.

2 minutes ago

How Vitalik Buterin Rethinks Governance in DAOs

Vitalik Buterin proposes a new approach to DAO membership, focusing on enhanced inclusivity.

3 minutes ago

Analysts Predict Ethereum Breakout to $3,300

Ethereum could reach $3,300 if it maintains support at $2,660, analyst predicts.

3 minutes ago

Cryptocurrency Market Gains Momentum: A Look at Bitcoin and Other Digital Currencies

Global crypto market cap rises by 1.36%, Bitcoin and Ethereum show promising growth. Insights into current trends.

3 minutes ago

Worldcoin Enhances Identity Verification and Security Capabilities

Worldcoin launches upgraded features for improved security and user experience, including new identity verification systems and anonymity.

4 minutes ago

Memecoins and Their Impact on the Corporate World

Memecoins surge in value, rivaling business giants. Explore what's behind their success and how it alters investments.

4 minutes ago

dapp expert logo
© 2020. DappExpert. All rights reserved.
© 2020. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.