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MicroStrategy may explore ‘future yield generation opportunities’ on 95,643 BTC holdings -Breaking

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MicroStrategy could explore “future yield generation options” for 95,643 BTC assets

Business intelligence firm MicroStrategy said it will consider opportunities for yield generation on 95,643 “unencumbered” (BTCMacroStrategy, its subsidiary holds the ).

In MicroStrategy’s report for the first quarter of 2022 released on Tuesday, the firm it “may conservatively explore future yield generation opportunities on unencumbered MacroStrategy bitcoins” as a consideration following a $205 million BTC-collateralized loan Silvergate BankIn March. MicroStrategy reported that it had approximately $2.9 billion in cash at March 31. The firm reported total holdings of 129 218 BTC. These numbers reflect cumulative impairment losses greater than $1 billion as well as an aggregate cost of $4B.