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'MSTR Is Bitcoin Treasury Company': Michael Saylor Unveils Key MicroStrategy Plans

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Michael Saylor unveils how MicroStrategy plans to become Bitcoin Treasury

is not just a software maker but a real Bitcoin treasury company backed by BTC reserves. The entrepreneur proved his thesis with an argument in the form of a diagram that details the logic behind MicroStrategy's Bitcoin strategy.As you can see, the essence of the scheme is that MicroStrategy, as a Bitcoin treasury, buys BTC on its balance sheet and, with these reserves, issues various securities, both leveraged and common.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

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Michael Saylor Conjures Stock Market Magic With Giant Plan to Buy More BitcoinHelene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »