Michael Saylor’s Bitcoin Strategy Is A Ticking Time Bomb, Experts Warn - Coin Surges
1 Articles
1 Articles
Michael Saylor’s Bitcoin Strategy Is A Ticking Time Bomb, Experts Warn - Coin Surges
Michael Saylor’s latest move to finance more Bitcoin purchases has reignited debate over the viability of his high-stakes approach. The company now called Strategy (formerly MicroStrategy) announced it would issue a new perpetual preferred stock, STRF (“Strife”), at a 10% annual dividend. While some see this as an inventive way to accumulate more BTC, others warn the cash dividend obligations could become untenable if Bitcoin prices plummet. Cou…
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