Michael Saylor Describes MicroStrategy As A Credit Default Swap For Trillions In Assets

According to Odaily, MicroStrategy founder Michael Saylor recently shared his perspective on the company's role in the financial landscape. In a post on X, Saylor described MicroStrategy (MSTR) as a 'credit default swap' for over $100 trillion in 20th-century assets. A credit default swap (CDS) is a financial derivative that serves as a primary tool for mitigating credit risk in... source: https://www.binance.com/en/square/post/16830679928729?utm_source=BinanceNewsRSS