Bitcoin Since MicroStrategy’s pivot to Bitcoin, the company has managed to accumulate 130,000 Bitcoins, worth just over $3.406 Billion at current rates. MicroStrategy’s Bitcoin acquisition was financed through multiple debts and bond offerings. Bitcoin’s dip to $18,300 on 13 October may have temporarily jeopardized the company’s financial health. MicroStrategy’s first debt repayment is due in 17 months, where Saylor will be required to pay $855 Million. According to a Fortune report, the company’s core software business is generating very little cash flow, and its Bitcoin interest loan payments may negatively affect its cash flow. Bitcoin maximalist Michael Saylor tweeted earlier today, “Bitcoin […]