Currently, MicroStrategy is considering mortgaging the company's holdings of $BTC to obtain financing, and then using the cash raised to continue purchasing BTC, and then mortgaging the BTC purchased to obtain cash financing to continue buying BTC. Doesn't this operation seem a bit like stepping on the left foot with the right foot? I'm familiar with this; in 2019, I was liquidated in a cycle loan 😂.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Currently, MicroStrategy is considering mortgaging the company's holdings of $BTC to obtain financing, and then using the cash raised to continue purchasing BTC, and then mortgaging the BTC purchased to obtain cash financing to continue buying BTC. Doesn't this operation seem a bit like stepping on the left foot with the right foot? I'm familiar with this; in 2019, I was liquidated in a cycle loan 😂.
#Gate广场圣诞送温暖