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MicroStrategy Is Raising Another $400M to Buy BTC

MicroStrategy Is Raising Another $400M to Buy BTC

FromThe Breakdown


MicroStrategy Is Raising Another $400M to Buy BTC

FromThe Breakdown

ratings:
Length:
18 minutes
Released:
Dec 9, 2020
Format:
Podcast episode

Description

Today on the Brief: BBVA set to offer crypto trading and custody Wells Fargo discusses bitcoin in recent investor memo Square launches Bitcoin Clean Energy Initiative with $10 million  Our main discussion: Michael Saylor is back at it.  The CEO of MicroStrategy and Giga Chad himself announced MicroStrategy would be offering $400 million in convertible bonds with the intent to purchase more bitcoin.  On this episode, NLW looks at the community’s reaction, including the comparison of MSTR stock to a BTC exchange-traded fund. He also discusses Saylor’s recent comments about censorship resistance as a reminder of the (potentially) divergent values of bitcoin retail HODLers and institutional investors.
Released:
Dec 9, 2020
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.