3min chapter

Swan Signal Live - A Bitcoin Show cover image

Andy Edstrom and Preston Pysh - E90

Swan Signal Live - A Bitcoin Show

CHAPTER

What Do You Think About Michael Saylor's Leverage?

Michael Saylor is borrowing at near nothing percent interest rate on a lot of the convertibility deals that he did. The equity of his company, which is being offset at a later date to those people that are providing that-- those resources and those funds,. It's a whole lot different than somebody who's going out and especially when you look at the interest rate at what he's doing it." "I don't remember the exact numbers, but I want to say it was like 70 to 80 million a year in after tax net income to service 1% yielding debt"

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