MicroStrategy Weighs Deepening Bitcoin Bet With Futures Play (1)

MicroStrategy Inc. co-founder and Executive Chairman Michael Saylor said the enterprise-software company, better known as the largest publicly traded holder of Bitcoin, may at some point consider dabbling in futures contracts on CME Group’s marketplace to generate yield.

In the past, MicroStrategy had considered but decided against lending out its Bitcoin through other companies, some of which went bankrupt last year, Saylor said in a Bloomberg TV interview on Monday. Crypto lenders Celsius Network and BlockFi filed for protection against creditors in 2022, as did broker Voyager Digital; lender Genesis Global Holdco LLC filed for bankruptcy in January.

“In the ...