The Daily Hodl
2022-04-05 14:30:41

Financial Markets Not Yet Ready for Bitcoin-Backed Bonds, Says MicroStrategy’s Michael Saylor

MicroStrategy CEO Michael Saylor says he had to borrow money from a bank to fund his firm’s latest Bitcoin purchase because the financial markets are not yet ready to invest in bonds backed by BTC. In a press release, business intelligence company MicroStrategy reveals that it has taken out a $205 million loan to buy […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.