Last week, that crazy coin hoarding listed company struck again, sweeping in 130 Bitcoins in one go. Now they hold 650,000 coins, with an average purchase price of $74,436.
Interestingly, the company has just established a $1.44 billion cash pool specifically to handle dividends and debt interest for the next 21 months.
What calculations are hidden behind this?
Looking back at the past four years, this company's approach has been quite straightforward —
Whether issuing stocks or bonds, the money raised basically has one destination: all converted into Bitcoin.
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Last week, that crazy coin hoarding listed company struck again, sweeping in 130 Bitcoins in one go. Now they hold 650,000 coins, with an average purchase price of $74,436.
Interestingly, the company has just established a $1.44 billion cash pool specifically to handle dividends and debt interest for the next 21 months.
What calculations are hidden behind this?
Looking back at the past four years, this company's approach has been quite straightforward —
Whether issuing stocks or bonds, the money raised basically has one destination: all converted into Bitcoin.