With BTC at $68,417 below his ~$76K average, Michael Saylor plans to equitize $6B in convertible debt and keep buying. 714,644 BTC. ~$49B assets. ~$6B debt. He’s extending the bet and shifting risk to shareholders. If BTC runs, genius. If it drops, leverage bites...
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Saylor is going to do what???
With BTC at $68,417 below his ~$76K average, Michael Saylor plans to equitize $6B in convertible debt and keep buying.
714,644 BTC. ~$49B assets. ~$6B debt.
He’s extending the bet and shifting risk to shareholders.
If BTC runs, genius.
If it drops, leverage bites...