Michael Saylor and MicroStrategy’s system of issuing bonds to buy Bitcoin (BTC) comes with substantial risk, according to BitMEX Research. In a new report, BitMEX comments on the business intelligence firm’s massive corporate holding of Bitcoin, which it has largely accumulated by issuing debt. While a forced liquidation is “highly unlikely,” BitMEX notes that Bitcoin […]
The post ‘Infinite Money Glitch’ Putting MicroStrategy at Risk of Liquidation, According to BitMEX Research appeared first on The Daily Hodl.