💸 Income of 11.5% per annum from Bitcoin - Michael Saylor
🚀🚀🚀Chairman of MicroStrategy Michael Saylor announced a new product that converts BTC into a digital credit instrument with an income of about 11.5% per annum.
🔸He is creating a tool for those who believe in Bitcoin in the long term but are not ready to endure its harsh short-term volatility.
🔸 The concept is simple: Bitcoin remains the underlying asset, while calmer, "bond-like" products are built on top of it for the mass investor.
🔸 Saylor believes that even with Bitcoin growing by only 2% per year, the company will be able to eternally pay such dividends, operating more than $50 billion in BTC as collateral.
🔸 If Bitcoin shows 0% annual growth, the model will need to be restructured in about 50 years.
BTC
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