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Michael Saylor: MicroStrategy is a credit default swap for over $100 trillion of assets in the 20th century

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2024-11-28 10:44:49
MicroStrategy founder Michael Saylor wrote on the X platform that MicroStrategy is a credit default swap for over $100 trillion of assets in the 20th century. (Note: Credit default swaps, credit default swaps, also known as credit default swaps, are one of the most important credit risk mitigation tools over the counter. It is a financial derivative, one of the credit derivatives, it can be regarded as a default insurance for financial assets.)