MicroStrategy could see cheaper debt if Fed cuts rates today
If the Federal Reserve announces an interest rate cut — even by 25 basis points — today, Michael Saylor's Bitcoin proxy firm Strategy (Nasdaq: MSTR), formerly MicroStrategy, stands to benefit. Yes, you read that right. Strategy, the world's largest Bitcoin treasury firm, will be able to drive forward its Bitcoin acquisition agenda even more aggressively if the Fed announces a rate cut after the conclusion of the Federal Open Market Committee (FOMC) meeting on Sep. 17. The reason is pretty simple and it' ...