Strategy is reassuring investors that its towering Bitcoin stash still dwarfs its debt-even as its stock price keeps falling faster than a hardware wallet dropped off a balcony. Michael Saylor’s company said its Bitcoin holdings would be worth nearly six.
Tag: michael saylor
TLDR Michael Saylor defends Strategy’s Bitcoin-backed treasury model amid MSCI scrutiny. Strategy launched TRC, a Bitcoin-backed treasury credit offering with monthly yields. Saylor stresses Strategy is a software company, not a fund or trust, despite MSCI concerns. MSCI may remove Strategy from major indices over Bitcoin treasury classification. Michael Saylor, executive chairman of Strategy, recently [.] The post Michael Saylor Reaffirms Bitcoin Commitment as MSCI Scrutiny Continues appeared first on CoinCentral.