MicroStrategy’s Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says

MicroStrategy’s Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says

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Source: Coindesk.com

MicroStrategy's $42 billion bitcoin acquisition strategy has some risks, the report said. CoinShares said financing conditions need to remain favorable and there needs to be investor demand for the company's convertible debt. MicroStrategy is tied to its bitcoin holdings, the asset manager said.

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The post "MicroStrategy's Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says" appeared first here Coindesk.com.

Source: Coindesk.com

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