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Michael Saylor tells investors when Strategy's Bitcoin no longer covers its debt - Yahoo Finance Singapore

.1 min read
Michael Saylor tells investors when Strategy's Bitcoin no longer covers its debt - Yahoo Finance Singapore

Michael Saylor, co-founder of MicroStrategy, informed investors that the company's Bitcoin holdings will no longer cover its debt if the cryptocurrency's price falls below $21,000. This threshold is critical for maintaining the firm's financial strategy, which heavily relies on its Bitcoin investments.

Read the full story at Google News Crypto →


Source: Google News Crypto · Report an issue

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Michael Saylor tells investors when Strategy's Bitcoin no longer covers its debt - Yahoo Finance Singapore | CoinInformer