MicroStrategy Chairman Michael Saylor Eyes’ Intelligent Leverage’ With Bitcoin Purchases
Posted On December 18, 2024
MicroStrategy Inc. (NASDAQ:MSTR) is doubling down on its strategy to maximize shareholder value through what Saylor calls “intelligent leverage.”
The software-turned-Bitcoin (CRYPTO: BTC) proxy firm has become a major player in the cryptocurrency market, attracting significant investor attention due to its bold approach to Bitcoin accumulation.
“We have $7.2 billion in convertibles, with $4 billion effectively equity through the strike and call price. They are trading with a delta of nearly 100%, resembling equity,” Saylor explained during a Bloomberg Television interview on …