This guy is a Giga-Chad!

in bitcoin •  3 years ago 

Michael Saylor just got a loan using his bitcoin, in order to buy more bitcoin

Yep, this is what leverage trading by institutions looks like.

Michael Saylor of MSTR announced today that he has used his bitcoin as collateral to secure a $205 million loan in order to do what?! Buy more bitcoin...

Awesome.

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(Source: https://www.microstrategy.com/en/investor-relations/press/silvergate-bank-issues-205-m-loan-to-macrostrategy-collateralized-by-bitcoin_03-29-2022)

This guy is a Giga-Chad...

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3 years ago by

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      ·  3 years ago 

    This guy is awesome!

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    2 votes
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      ·  3 years ago 

    Upvoted! Thank you for supporting witness @jswit.
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      1 vote
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        ·  3 years ago 

      Good. Doubling down similar to what they do in the mortgage industry.

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          ·  3 years ago 

        IMG_20220330_155929.jpg
        Follow me for more Bitcoin and crypto market updates and On-Chain data analysis. Please support. https://steemit.com/@shaarifusmani99

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