Bitcoin evangelist Michael Saylor unveils a possible but unlikely scenario of a massive BTC drawdown
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Over the past two years, Saylor’s company has taken to raising capital through debt by issuing MSTR shares to buy more Bitcoin and then to deliver profits on those shares to the shareholders.to the shareholders at a net benefit of roughly 119,800 BTC. While Bitcoin changed hands at $103,000, those profits equate to $12.3 billion for this year so far, Saylor said, which makes MicroStrategy “ the most profitable, fastest growing company on the Bitcoin Standard”.
Here, the founder revealed that he has bought Bitcoin in quite large amounts every week over the past month and intends to continue buying to add BTC to his personal crypto bag.
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