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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="quad" data-source="post: 16550729" data-attributes="member: 17952"><p>Interesting interview!</p><p></p><p>[MEDIA=youtube]jwgOVPJ2FnU[/MEDIA]</p><p></p><p><a href="https://en.wikipedia.org/wiki/Michael_J._Saylor" target="_blank">Michael J. Saylor - Wikipedia</a></p><p></p><p>On MicroStrategy's quarterly earnings conference call in July 2020, Saylor announced his intention for MicroStrategy to explore purchasing <a href="https://en.wikipedia.org/wiki/Bitcoin" target="_blank">Bitcoin</a>, <a href="https://en.wikipedia.org/wiki/Gold_as_an_investment" target="_blank">gold</a>, or other <a href="https://en.wikipedia.org/wiki/Alternative_investment" target="_blank">alternative assets</a> instead of holding cash. The following month, MicroStrategy used $250 million from its cash stockpile to purchase 21,454 Bitcoin.<a href="https://en.wikipedia.org/wiki/Michael_J._Saylor#cite_note-wbj-2020-08-22" target="_blank">[22]</a></p><p></p><p>MicroStrategy later added $175 million of Bitcoin to its holdings in September 2020 and another $50 million in early December 2020. On December 11, 2020, MicroStrategy announced that it had sold $650 million in convertible senior notes, taking on debt to increase its Bitcoin holdings to over $1 billion worth. On December 21, 2020 MicroStrategy announced their total holdings include 70,470 bitcoins purchased for $1.125 billion at an average price of $15,964 per bitcoin.<a href="https://en.wikipedia.org/wiki/Michael_J._Saylor#cite_note-23" target="_blank">[23]</a> Saylor, who controls 70% of MicroStrategy's shares, dismissed concerns by observers that the move is turning MicroStrategy into a Bitcoin investment firm or <a href="https://en.wikipedia.org/wiki/Exchange-traded_fund" target="_blank">exchange-traded fund</a> (ETF).<a href="https://en.wikipedia.org/wiki/Michael_J._Saylor#cite_note-wbj-2020-12-24" target="_blank">[24]</a></p></blockquote><p></p>
[QUOTE="quad, post: 16550729, member: 17952"] Interesting interview! [MEDIA=youtube]jwgOVPJ2FnU[/MEDIA] [URL="https://en.wikipedia.org/wiki/Michael_J._Saylor"]Michael J. Saylor - Wikipedia[/URL] On MicroStrategy's quarterly earnings conference call in July 2020, Saylor announced his intention for MicroStrategy to explore purchasing [URL='https://en.wikipedia.org/wiki/Bitcoin']Bitcoin[/URL], [URL='https://en.wikipedia.org/wiki/Gold_as_an_investment']gold[/URL], or other [URL='https://en.wikipedia.org/wiki/Alternative_investment']alternative assets[/URL] instead of holding cash. The following month, MicroStrategy used $250 million from its cash stockpile to purchase 21,454 Bitcoin.[URL='https://en.wikipedia.org/wiki/Michael_J._Saylor#cite_note-wbj-2020-08-22'][22][/URL] MicroStrategy later added $175 million of Bitcoin to its holdings in September 2020 and another $50 million in early December 2020. On December 11, 2020, MicroStrategy announced that it had sold $650 million in convertible senior notes, taking on debt to increase its Bitcoin holdings to over $1 billion worth. On December 21, 2020 MicroStrategy announced their total holdings include 70,470 bitcoins purchased for $1.125 billion at an average price of $15,964 per bitcoin.[URL='https://en.wikipedia.org/wiki/Michael_J._Saylor#cite_note-23'][23][/URL] Saylor, who controls 70% of MicroStrategy's shares, dismissed concerns by observers that the move is turning MicroStrategy into a Bitcoin investment firm or [URL='https://en.wikipedia.org/wiki/Exchange-traded_fund']exchange-traded fund[/URL] (ETF).[URL='https://en.wikipedia.org/wiki/Michael_J._Saylor#cite_note-wbj-2020-12-24'][24][/URL] [/QUOTE]
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SVTPerformance's Chain of Restaurants
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