He noted a widespread concern that Michael Saylor’s focus on buying Bitcoin might be neglecting the company’s debt issue. Flood’s comprehensive assessment, shared on the X platform, offers valuable perspectives on the company’s financial position. Patrick Flood, an investment specialist and a Chartered Financial Analyst (CFA) with extensive experience at LATAM Stocks, has investigated the rumors surrounding MicroStrategy’s debt issue. While this expansion in Bitcoin holdings garnered attention, speculations surfaced regarding MicroStrategy’s debt situation. However, this move coincided with the company’s disclosed plan to raise $750 million by issuing class A common stock. These purchases brought MicroStrategy’s total Bitcoin holdings to 174,530 BTC. MicroStrategy, renowned for being the leading corporate investor in Bitcoin, recently augmented its reserves by acquiring around 16,130 BTC in November at approximately $608 million in today’s market.
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