
CLASSIC EPISODE: Michael J. Saylor - Why Bitcoin Is The Apex Property Of The Human Race & How To Profit From Taking A Long Time Horizon On Cryptocurrency
London Real
00:00
Investing in a Bitcoin Collateralized Note
We raised 500 million dollars at six and one eight % interest. It wasn't a convert. There's no equity. It's just straight debt, corporate debt, to buy bin coin. And why did why do people buy that bond? Because they're getting a very fat coupon. Now they've got more bi coin. Ind ye, long bitcoin and bi coin doubles. Well, we bought 13 thousand bitcoin, and they're going to double. Then tyeu're oing to get the aquity upside that that holders will keep getting their coup on.
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