RE: LeoThread 2024-12-04 16:59
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LeoStrategy will be raising a debt round after our initial sale ends. The debt we raise will be used to buy more $LEO for our balance sheet, stake it as LEO POWER and curate Threads
The debt will have no liquidations, be long-dated and have favorable interest rate terms. Very similar to the debt raised by Microstrategy using the BTC on their balance sheet. We'll use the LEO on our balance sheet to do the same
We already have some IRL investors who want to lend us this capital at a sub-8% interest rate to purchase LEO, stake it and continue to stack. They get a guaranteed interest payment, we get more LEO
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All of this is a great strategy and being there on the move to buy can favor a lot, but now once you buy that won't affect the price of the Leo token?
The price of LEO is increasing already and will continue to increase as we buy more LEO
We're aiming to have north of 1.5M LEO by the time our initial sale ends this month
That will be quite a long task.
What is the reason for having such a large number of tokens?
I recommend checking out our blog posts on @leostrategy
Ok, I'll check.
Started to do a power down of HP because I fomo now. Next week some LSTR will be in my wallet!
Nice! Happy to hear that
👀 LeoStrategy.... 🦁 💪
Moar LEO
Always MOAR... 🤣
Never enough.
We'll keep acquiring
As will I. Just not as quickly. 🤣
Acquire as fast as you can
LEO to $1 IMMINENTLY
Sounds very promising!
In this conversation on raising the debt at sub 8% how much debt are we talking about, initially?
Thanks!
We'll release details when the time comes
The size of the debt raise is entirely dependent on the success of our initial raise