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The Microstrategy Bitcoin move: The Ultimate financial play for 2024.
The finance world just experienced arguably one of the smartest corporate moves this year. While most corporations play checkers, MicroStrategy is playing 3D chess with this latest strategy in Bitcoin,
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Recently, Michael Saylor and MicroStrategy pulled off a masterstroke of financial legerdemain: turning $500 million into $1.5 billion. What happened was this: they collateralized company shares with Bitcoin to sell, booked a billion-dollar profit, and they are reinvesting everything back into Bitcoin.
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Read the full blog post from the link below.
https://inleo.io/@thelastdash/the-microstrategy-bitcoin-move-the-ultimate-financial-play-for-2024-ene?referral=thelastdash