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The Daily Hodl 2022-02-04 15:30:06

MicroStrategy Could Lend out Its Massive Bitcoin Stash for Yield, Says CEO Michael Saylor – But There’s a Catch

MicroStrategy CEO Michael Saylor says that the enterprise software firm is considering lending out its massive Bitcoin (BTC) holdings to earn income. In a 2021 fourth-quarter earnings call, Saylor says MicroStrategy currently has over 100,000 Bitcoin that could be deployed to generate yield or for Bitcoin-backed bonds. “So, 110,000 Bitcoin would be the asset that […]The post MicroStrategy Could Lend out Its Massive Bitcoin Stash for Yield, Says CEO Michael Saylor – But There’s a Catch appeared first on The Daily Hodl.

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