Michael Saylor Reveals 400-Year History Behind Bitcoin Income

Michael Saylor traced Strategy’s model of financing bitcoin holdings through income-paying shares to four centuries of financial history. His analysis connected Dutch trading companies, railroad financing, and U.S. tax law to the company’s Stretch security. In a Nov. 7 analysis, Michael Saylor, founder and executive chairman of Strategy Inc. (Nasdaq: MSTR), linked the company’s income-producing securities to four centuries of financial history . He described Stretch, Strategy’s variable-rate preferred stock traded as STRC, as a combination of established financing structures and bitcoin reserves.

Also reported by Coinfomania.

Source: Bitcoin.com News