3min chapter

Coin Stories cover image

Michael Saylor: Spot Bitcoin ETFs, The Halving & Bitcoin's Next Bull Run

Coin Stories

CHAPTER

The Levered Long Bitcoin Company

We're a levered long Bitcoin company and we don't charge a fee. We generate the yield by generating cash in the enterprise software business and buying Bitcoin with it. And we generate a yield by doing a creative financing of equity or debt. There really isn't another company that is issued convertible debt, senior secure debt or equity to buyBitcoin with it.

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