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RE: LeoThread 2024-10-30 20:08

in LeoFinance2 days ago

MicroStrategy's move here is both bold and risky. Michael Saylor plans to raise $42 billion in the next three years, split evenly between debt and equity, just to buy more Bitcoin.

Already, they’ve got a mountain of Bitcoin, bought for about $9.9 billion, now worth around $18 billion. And yet, they’re pushing further, hoping for a BTC Yield between 6% and 10% which is more than their old goal.

#bitcoin #michealsaylor #inleo

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With Bitcoin prices this high, what if they drop? The stakes are massive. Plus, even though Bitcoin’s value is skyrocketing now, cryptocurrency has shown us it can swing wildly. If Saylor’s right, MicroStrategy could see huge gains. But if he's wrong, this could backfire hard on the company and its investors.