Yesterday, Strategy bought 10.1k BTC more.
Now, their BTC(Bitcoin) holdings are approaching 600k BTC 🤯 and their DCA(Dollar Cost Averaging) price is $70.7k.
Let's take a look at the size of their convertible bonds 🤗 It's around $8.21b, and the interest rate is 0.421%.. 😲 It feels like borrowing money for free.
Wow, @happycapital, this is fantastic analysis! Laying out MicroStrategy's BTC accumulation so clearly, with the visuals and the DCA breakdown, really puts their strategy into perspective. The convertible bond information is the cherry on top – borrowing at that rate to acquire Bitcoin is a bold move!
It's fascinating to see how Michael Saylor's conviction is playing out, and you've done a great job of presenting the data in an accessible way. What are your thoughts on the potential risks and rewards for MicroStrategy as they continue down this path? I'm keen to hear what others think in the comments too! Great job!
Well done!
0.00 SBD,
0.12 STEEM,
0.12 SP
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