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Off Chain 6/29/23: Bearish NFTs; Bullish BTC

The Decrypting Crypto Podcast

00:00

How Microstrategy Funded This Bitcoin Purchase

Austin: Microstrategy, here's what's interesting. They hold over 4.6 billion dollars of BTC. Their market cap is also going to swing wildly depending on the price of Bitcoin. How did they fund this? I love the fact that Michael Saylor is pumping our bags. But this is just an unbelievable bet. This is a bet that just makes no business sense to me outside of it being exclusively ideological.

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