MicroStrategy Could Lend out Its Massive Bitcoin Stash for Yield, Says CEO Michael Saylor – But There’s a Catch
February 04 2022 - 10:30AM
The Daily Hodl
MicroStrategy CEO Michael Saylor says that the enterprise
software firm is considering lending out its massive Bitcoin (BTC)
holdings to earn income. In a 2021 fourth-quarter earnings call,
Saylor says MicroStrategy currently has over 100,000 Bitcoin that
could be deployed to generate yield or for Bitcoin-backed bonds.
“So, 110,000 Bitcoin would be the asset that […]
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MicroStrategy Could Lend out Its Massive Bitcoin Stash for Yield,
Says CEO Michael Saylor – But There’s a Catch appeared first on
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Daily Hodl.
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Continue reading MicroStrategy Could Lend out Its
Massive Bitcoin Stash for Yield, Says CEO Michael Saylor – But
There’s a Catch
The post
MicroStrategy Could Lend out Its Massive Bitcoin
Stash for Yield, Says CEO Michael Saylor – But There’s a Catch
appeared first on
The Daily Hodl.
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