How Bitcoin Has Boosted MicroStrategy’s Brand by 100x, CEO Reveals
MicroStrategy was the first publicly traded company in the U.S. to integrate Bitcoin into its balance sheet. The software company uses BTC as a hedge against inflation and has benefited from more than the performance of the asset, as its CEO Michael Saylor recently claimed. In an interview with CNBC’s Market Alert, the executive said […]
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MicroStrategy’s Michael Saylor has no intention of selling from his firm’s $5-billion Bitcoin chest despite a 40% drop in the value. Despite a 40% drop in the value of Bitcoin (BTC), MicroStrategy’s Michael Saylor has no intention of selling his firm’s $5-billion stash.Even if BTC suffers a lengthy bear market, Saylor told Bloomberg that he is a “Bitcoin bull” and does not intend to alter MicroStrategy’s multi-billion-dollar BTC acquisition plan. He took a firm stance against cashing out BTC:“Never. No. We’re not sellers. We’re only acquiring and holding Bitcoin, right? That’s our....
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