$1.82T Stablecoin Boom Set to Speedrun Banking History, Says A16z
The analyst who wrote this piece owns shares of MicroStrategy (MSTR). Since MicroStrategy (MSTR) become a bitcoin treasury company in August 2020, it has used three primary instruments to acquire bitcoin (BTC): cash on hand, at-the-market (ATM) offerings and convertible bond offerings. MicroStrategy’s next method of raising capital is to buy bitcoin through perpetual preferred […]