MicroStrategy’s Bitcoin Bet Grows — But Leverage Risks Loom Large
MicroStrategy has once again increased its investment in Bitcoin. Yet again, the company, led by very public Bitcoin proponent Michael Saylor, has bought more Bitcoin. In total, 3,459 more. And while the total monetary value of this latest acquisition is $285.8 million, it nonetheless brings the total Bitcoin holdings of MicroStrategy to a really ridiculous-sounding … Read more