Michael Saylor: Hoarding Bitcoin Helps Companies Repair Their Balance Sheets
Michael Saylor, co-founder of MicroStrategy, posted on the X platform that “Bitcoin will fix your company's balance sheet.” The post was a comment on an article by macroeconomics expert and author Lyn Alden that explored corporate finance practices, why companies have historically tended to de-capitalize themselves, and the logic behind some companies hoarding Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Circle newly minted 500 millions USDC
Spot gold returns to $4,200
Data: AWE rises over 22%, SKY rises over 9%
BNB Chain: Zero-fee transfer promotion for USDC and USD1 extended until December 31
Crypto prices
More
