Where does Michael Saylor get all the money he spends to sate his rampant appetite for Bitcoin? Part of it is retail investors transfixed by MicroStrategy Inc.’s more than 500% rally this year. Another big chunk is coming from hedge funds who care far less where the stock trades.
Yiqin Shen is an equities reporter for Bloomberg News, specializing in mergers and acquisitions, risk arbitrage, and special situations. With a background in financial journalism, Yiqin provides insights and analysis on the latest developments in the world of finance, particularly focusing on Chinese IPOs and hedge fund activities.