bitcoin continue your purchasesn Michael Saylor, CEO of MicroStrategy In a new interview with Bloomberg, they have Said he would never sell bitcoins.
Stating that MicroStrategy’s idea of buying BTC has not changed, Bitcoin bull Saylor stated that the company will never sell its $ 5 billion Bitcoin stash.
Stating that the approximately 40% decrease in Bitcoin price does not worry him, the famous CEO continued his words as follows:
“The price drop in Bitcoin doesn’t worry me. On the contrary, the fact that our crypto portfolio is full gives me great comfort because inflation is so high.”
Saylor said that even if there is a long bear market ahead of us, the company will not sell its Bitcoins, and stated that as MicroStrategy, their strategy is not to sell Bitcoin. “Never. We are not sellers. We only buy and hold Bitcoin. This is our strategy.” said.
MicroStrategy’s Bitcoin History!
MicroStrategy is the first public company in the US to buy and hold Bitcoin as part of its balance sheet in late 2020.
The company, which made a name for itself with Bitcoin purchases in 2021, still maintains its feature of being the institutional investor holding the most Bitcoin in its balance sheet.
Michael Saylor, who has stated in almost all his interviews that Bitcoin is a long-term store of value and therefore he always wants to buy BTC, seems intent on keeping his word.
Because Saylor announced that in the last days of 2021, they bought 1914 Bitcoin (at an average price of $ 49,229) for $ 94.2 million in cash.
*Not investment advice.