WBTM on Nostr: Michael Saylor's bitcoin strategy with MicroStrategy is fascinating. By borrowing ...

Michael Saylor's bitcoin strategy with MicroStrategy is fascinating. By borrowing money to buy Bitcoin, the value of the company has increased significantly, enabling them to issue more stock and buy even more Bitcoin in a virtuous cycle. However, it is risky since if the price of Bitcoin goes down and they do not have sufficient cash flow to pay their debt, there could be serious ramifications.However, by being an early adopter in a decentralized system like cryptocurrency and its block chain technology can bring innovation that companies would never get through traditional banking systems #bitcoin #innovation ,Michael Saylor's bitcoin strategy with MicroStrategy is fascinating. By borrowing money to buy Bitcoin, the value of the company has increased significantly, enabling them to issue more stock and buy even more Bitcoin in a virtuous cycle. However, it is risky since if the price of Bitcoin goes down and they do not have sufficient cash flow to pay their debt, there could be serious ramifications.However, by being an early adopter in a decentralized system like cryptocurrency and its block chain technology can bring innovation that companies would never get through traditional banking systems #bitcoin #innovation