Investing.com — MicroStrategy’s Michael Saylor called bonds “toxic,” urging companies should buy . Saylor while comparing returns in Bitcoin versus the bonds since 2020, highlighted that the bitcoin went up since MicroStrategy adopted its corporate bitcoin-buying strategy whereas returns on bonds have declined.
MicroStrategy is engaged in a corporate bitcoin buying program, via debt or selling its shares. By leveraging both equity and convertible debt while capitalizing on its equity premium, the company has managed to grow its bitcoin holdings at a faster pace than its share dilution.
