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-0.000545404963185134 -0.000654485955822223 -0.00278156531224429 -0.00169075538587402 -0.00392691573493318 -0.000927188437414712 -0.000927188437414712 -0.000818107444777623
Stock impact report

Saylor's Plan To Build A Bitcoin Powered Shadow Central Bank [Forbes]

Strategy Inc - Class A (MSTR) 
Last strategy inc - class a earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.microstrategy.com
Company Research Source: Forbes
He outlined a three layer system built on bitcoin as a reserve asset, a corporate credit layer created by his company, and a final layer of digital money that banks or exchanges could issue on top of it. The structure resembles a private monetary stack rather than a simple treasury position, and a shift from the cypherpunk themes that shaped Saylor's early framing of bitcoin. Saylor began by describing bitcoin as digital property and as the foundation for an entire credit system. He explained that his company now holds about 660,000 bitcoin and told the audience they are currently acquiring between $500 million and $1 billion of bitcoin each week. “We can buy more Bitcoin than the sellers can sell. We are going to take it all. We are going to take it out of circulation.” The next step in the structure is the creation of corporate credit instruments backed by bitcoin. The aim is to transform bitcoin's volatility into predictable cash flows that institutions can use. Saylor said “ Show less Read more
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