/news American software company MicroStrategy plans to become a bitcoin bank and create a trillion-dollar company. This intention was voiced by the company's former CEO, now chairman of the board, Michael Saylor, writes The Block with reference to the brokerage company Bernstein.
“It's the most valuable asset in the world. The end goal is to become the leading bitcoin bank, or merchant bank, or you could call it a bitcoin financial company. If we end up with $20 billion of convertible shares, $20 billion of preferred shares, $10 billion of debt and, say, $50 billion of some debt instrument or structured instrument, then we will have $100-150 billion in bitcoins,” Saylor said. 1 reply
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