The world’s largest DAT plans to convert $6 billion in bond debt to equity, claiming that it could survive an 88% Bitcoin crash. Strategy founder Michael Saylor has revealed the firm plans to convert its $6 billion in bond debt into equity — a move that reduces debt on the balance sheet. “Strategy can withstand…
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Positive regulatory developments in the US over the last 12 months are a good sign for the digital asset industry and markets, the Strategy co-founder said. Michael Saylor, the co-founder of Strategy, the biggest Bitcoin treasury company by holdings, forecast that Bitcoin would hit $150,000 by the end of 2025. “I think that these 12 months…
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