Michael Saylor, the chairman of Strategy (formerly MicroStrategy), the largest corporate Bitcoin (BTC) holding company, is intensifying his multibillion-dollar investment in BTC.
In a recent report by Bloomberg, it was revealed that Saylor is increasing the yield on preferred shares, which he has designated as the primary funding source for the company going forward.
Investor Confidence Dips
During an earnings conference call, Saylor indicated that the company is at a critical juncture. He noted that the multiple of net asset value has been declining over time as the Bitcoin asset class matures and volatility decreases.
As part of its latest financial developments, Strategy announced that the yield on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) will rise b

Bitcoinist

Santa Maria Times Safety
Reuters US Business
Raw Story
AlterNet
Nola Sports
E Online
The List