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BITCOIN PRICE CRASH: Michael Saylor Reveals a Crazy Secret About the BITCOIN! - Rich X Search Crypto
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Thanks to reserves of 129,218 Bitcoin currently worth $2.9 billion on its balance sheet and roughly $4.1 billion at the going market price, MicroStrategy is the largest public holder of the cryptocurrency.

Saylor is positioning his company to investors as little more than an exchange-traded fund, with two key differences.

“Our goal will be to offer them the same Bitcoin holding but without charging that [management] fee, and to use intelligent leverage from time to time when the opportunity presents itself,” Saylor told investors last week.

“If you think it would be a reasonable idea to borrow money at 1.8% interest to buy Bitcoin, then MicroStrategy looks like a rational company to invest in.”

Over the past month, however, the father of all cryptocurrencies has seen a quarter of its value wiped out thanks to an inflation-fighting Federal Reserve raising demand for its fiat rival.

BITCOIN PRICE CRASH: Michael Saylor Reveals a Crazy Secret About the BITCOIN

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