Michael Saylor Didn’t Buy Bitcoin This Week: Here’s What Strategy Bought Instead
Strategy handed on Bitcoin this week, directing capital as an alternative towards repurchasing roughly $1.5 billion of its personal convertible bonds under face worth. Executive chairman Michael Saylor described the choice as short-term. He recommended the corporate’s Bitcoin accumulation engine is already making ready for its subsequent transfer. What Are Strategy’s Bonds? Strategy’s convertible senior…
