MicroStrategy’s Financial Health At Risk After Enormous $3.4 Billion Bitcoin Bet: Fortune Report
Since MicroStrategy’s pivot to Bitcoin, the company has managed to accumulate 130,000 Bitcoins, worth just over $3.406 Billion at current rates.MicroStrategy’s Bitcoin acquisition was financed through multiple debts and bond offerings.Bitcoin’s dip to $18,300 on 13 October may have temporarily jeopardized the company’s financial health.MicroStrategy’s first debt repayment is due
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