Michael Saylor Seeks Funding of US$2.8 Billion to Buy Bitcoin
Michael Saylor's company, Strategy, is reported to be seeking funding again to purchase Bitcoin worth US$2.8 billion or equivalent to Rp45.5 trillion, Bloomberg reported on Friday (25/07) morning.
This amount is nearly five times higher compared to the previous offering of only US$500 million. Later, investors will receive a 9% annual return.
For information, Strategy currently holds more than 600,000 Bitcoins worth US$70 billion or equivalent to Rp1.1 quadrillion. This makes it the public company with the largest ownership in the world.