Here's what Michael Saylor wants to hear in elevator
Have you ever wondered what you would ask MicroStrategy's CEO if you were to meet him in an elevator? , the business mogul made it clear that he would want you to ask him about buying even more Bitcoin. As reported by U.Today, Saylor announced MicroStrategy's latest Bitcoin purchase of more than $458 million on Sept. 20. The company's holdings currently stand at more than a quarter million coins. MicroStrategy has now spent nearly $10 billion on its Bitcoin purchases.
Even though Bitcoin reached a new record high earlier this year, there are still some concerns about the company's gargantuan Bitcoin holdings. MicroStrategy is not going to face margin calls since its debt is actually not linked to Bitcoin as collateral. However, there is still a risk of the company eventually failing to meet its debt obligations if the cryptocurrency experiences a massive correction. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption.
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