Under its founder and former CEO Michael Saylor, MicroStrategy has acquired billions of dollars worth of bitcoin in recent years, with its stock becoming a proxy of sorts for the cryptocurrency. In the past, MicroStrategy has used both debt and equity raises to purchase additional bitcoin.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...