Bitcoin

MicroStrategy has borrowed a total of $4.3B at a blended average fixed rate of just 0.8%. For comparison the FED Funds still up above 4.5%.

And it is moving yields even lower over time. For example, MSTR just retired an old tranche of bonds that it was paying a high interest rate - 6.125% - and issuing a new one and paying only 0.625% interest. 📈📈📈

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

Building something new. Host: /venturecapital /adventures /theitinerant

It must be nice to have access to free money

Impressive financial maneuvering by MicroStrategy indeed! 
By borrowing money smartly, they can buy more bitcoins and save money at the same time