/biz/ - Business & Finance

>>59303022
>For years businesses figured out they had a free money glitch by getting super cheap loans from the government, releasing their own credit cards, then re-loaning that money out to customers at a much higher interest rate.

Ah, yes, paying customers who stand to gain easier access to goods & services by having a credit card.


>Now they've figured out holding that cheap credit in Bitcoin gives a way better return than issuing cards.

And who are the paying customers in this scenario?


>Microstrategy obviously

I'm told the CEO has an impressive track record.


>Microsoft is voting on holding Bitcoin next month.

They've indicated no interest so Saylor is now begging for a 3 minute audience to convince them otherwise.

https://www.blockhead.co/2024/11/20/microsofts-board-didnt-want-bitcoin-now-michael-saylor-will-pitch-it-to-them/

PLZ BUY MY BAGZ

>>59288065
>>59288097
What happens if BTC dips below 56k, bond holders take over the firm and sell 386,700 bitcoins?