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93 sats \ 2 replies \ @Wumbo 28 Jun 2023 \ on: MicroStrategy Acquires Additional 12,333 Bitcoins and Now Holds 152,333 BTC bitcoin
If I am reading this correctly, it appears funded through common stock sales not debt.
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0 sats \ 1 reply \ @byzantine 28 Jun 2023
so he keeps diluting shareholders? i thought the goal was usage of cash from operating profits to buy bitcoin but now he is issuing shares?
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0 sats \ 0 replies \ @Wumbo 28 Jun 2023
I am not sure if it is new shares or shares already issued and held by the company.
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