MicroStrategy, the largest publicly-traded company that hodls bitcoin (EXANTE: Bitcoin), is trying to figure out how it can generate yield on its 122,000 BTC holding. As per Bloomberg, MicroStrategy CEO, Michael Saylor, already discussed the plan on the company's investor day call with shareholders.
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Saylor says there "may be opportunities to either put a mortgage against it and generate long-term debt under favorable circumstances." The MicroStrategy CEO also suggests the company could simply "lend it [bitcoin] to a trustworthy counterparty."
"That could become a good source of income for us, or we could develop it with some kind of interesting applications," Saylor noted.
However, no decision has been made so far as the initiative is yet subject to change. Despite the massive cryptocurrency reserves, MicroStrategy will continue to expand its options to buy even more bitcoin, including equity issuance and corporate debt.
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