Laugh Alchemy

The lights are on, but nobody's home

[Laugh Alchemy @LaughAlchemy]

Wife: how often do you think about the Roman Empire?

me: everyday 😂

This wife explain why 👇

#RomanEmpire #ThingsNobodySaidInThe1980s #Aliens

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@realcryptoface $link

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@TrollFootball Cry more Barcelona 🤣

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@LouisNel @JustXavierB @BillyM2k #btc fix the system 👍🏼

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@nguoigiamsat_ck Yea, ôm #btc là thấy uy tín 😂

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As of September 2023, MicroStrategy holds over 158,245 #Bitcoin, worth over $4.68 billion at current prices. This makes MicroStrategy the largest corporate holder of Bitcoin in the world.

How did Michael Saylor manage his company to keep buying #btc ?

Here is a thread:

Michael Saylor has been able to buy so much Bitcoin by using the funds of his company, MicroStrategy, in a variety of ways.

1. Selling stock and bonds

One of the ways that MicroStrategy has financed its Bitcoin purchases is by selling stock and bonds. This has allowed the company to raise a significant amount of money to buy Bitcoin. For example, in August 2020, MicroStrategy raised $650 million by selling stock and bonds, which it then used to buy Bitcoin.

2. Taking out loans

Another way that MicroStrategy has financed its Bitcoin purchases is by taking out loans. This has allowed the company to buy more Bitcoin than it would be able to afford if it were using only its own cash reserves. For example, in February 2021, MicroStrategy took out a $400 million loan from Silvergate Bank, which it then used to buy Bitcoin.

3. Converting its existing cash reserves

MicroStrategy has also financed its Bitcoin purchases by converting its existing cash reserves into Bitcoin. This has allowed the company to reduce its exposure to fiat currencies and increase its exposure to Bitcoin. For example, in June 2022, MicroStrategy announced that it was converting $250 million of its cash reserves into Bitcoin.

4. Leveraged Bitcoin investment

MicroStrategy has also used a strategy called a "leveraged Bitcoin investment" to finance its Bitcoin purchases. This involves taking out a loan to buy Bitcoin, and then using the Bitcoin as collateral for another loan. This allows MicroStrategy to buy more Bitcoin than it would be able to afford if it were using only its own cash reserves.

For example, in March 2022, MicroStrategy took out a $205 million loan from Goldman Sachs, which it then used to buy Bitcoin. MicroStrategy then used the Bitcoin as collateral for another $205 million loan from Silvergate Bank. This allowed MicroStrategy to buy $410 million worth of Bitcoin with only a $205 million investment.

MicroStrategy is currently sitting on a $520 million unrealized loss on its #Bitcoin investment.

Michael Saylor is either a brilliant investor or a fool, and only time will tell.

I personally will buy as much #BTC as I can before Michael Saylor buys it all 😂

#Metaverse #Bitboy #cryptocurrencies

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@Davincij15 #chainlink 👀

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@michael19320715 @CoinSharesCo Smart money always finds the way.

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@CensoredMen This is heartbreaking 😢

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@Cobratate Just because something is right doesn't mean it will happen. That's life

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@nguyent39886677 Gm bro, keep building thôi 💪

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@nguyent39886677 Còn đang bị ban nên ít tt lại 😔

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@nguyent39886677 Thanks bro, chuẩn bị lặn tiếp 😅

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@nguyent39886677 Ok bro

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@jackynguyen92 Every traders have the same pain 😆

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@nguyent39886677 Ok bro, đang ráng tập lại, 1 tuần bỏ X sang một bên to được thêm 1 chút 😂

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@dom_lucre But the civilian still dying. Pray for all Isralian 🙏

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@NguyenG62675087 Anh ấy đóng nhân vật ngầu quá mà 😂

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My mood right now 😎🚬

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@NguyenG62675087 Cảm ơn b chia sẻ nhé

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@jessica_lij My mood when I try to calm myself for what is coming 😎

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@jackynguyen92 This is almost all of newbies experiences 😂