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Michael Saylor: Hoarding Bitcoin Helps Companies Repair Their Balance Sheets

Michael Saylor: Hoarding Bitcoin Helps Companies Repair Their Balance Sheets

Bitget2024/08/07 12:23

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.

0

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.

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