They bought the bitcoin with the money from convertible senior notes. The intrest is 2.25% per annum. With a expiry date of 2032. So Microstrategy predict bitcoin will be higher than 78 714 dollar in 8 Years!!!
What it does in the short term it doesn’t matter for this position.
I’m 100% in #bitcoin and #MSTR
It was just an observation.
Yea, the saying is microstrategy buy every top, until now they buy every local top. If you have a timeframe of more than 4 years it doesn´t really matter. If you are a daytrader maybe it is something look for until it doesn´t work anymore.
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