Leigh Gant on Nostr: What’s the micro, micro, MICRO version of Microstrategy $MSTR? My crude summary of ...
What’s the micro, micro, MICRO version of Microstrategy $MSTR?
My crude summary of Saylor’s move is to issue corporate debt to buy bitcoin, and as it has appreciated significantly over time, the value of MicroStrategy's holdings has surged, outstripping the costs of the loans.
A bold arbitrage.
So, I’m keen to know if anyone is doing this at a lower level - eg a private, bland business?
I own a biz generating 27% NPAT.
#bitcoin #business
My crude summary of Saylor’s move is to issue corporate debt to buy bitcoin, and as it has appreciated significantly over time, the value of MicroStrategy's holdings has surged, outstripping the costs of the loans.
A bold arbitrage.
So, I’m keen to know if anyone is doing this at a lower level - eg a private, bland business?
I own a biz generating 27% NPAT.
#bitcoin #business