4min chapter

Coin Stories with Natalie Brunell cover image

Michael Saylor on Bitcoin Volatility, Terra/Luna Meltdown, Market Selloff and more

Coin Stories with Natalie Brunell

CHAPTER

Investing in a Cryptocurrency, You Can't Lose More Than a Million Dollars

The day before our silver gate loan, we had a hundred 25 thousand bit coin. And then after we did the loan, we ended up accreting up to a hundred 29000 bit coin. It's tax free because we're not actually paying it as a dividend. We're rolling it into more bit coin. So you get more bit coin, and we didn't issue any more equity so as not delution is not a deludive to our shareholders. But with micro strategy, you can't lose more than a million dollars. You can only lose the million dollars if you invest in a straight spot, e t f one to one, then you lose the million. If something

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