MicroStrategy CEO Michael Saylor said that buying Microstrategy stock makes more sense than buying a bitcoin-linked exchange-traded fund (ETF), and they are looking for ways to increase their bitcoin numbers.
Michael Saylor on February 3 In an interview with Bloomberg:
If you have a spot Bitcoin ETF that’s fine, but that’s not the case yet. It makes more sense to invest in our company instead of investing in bitcoin futures ETFs or similar bitcoin funds like Grayscale, which have higher transaction fees because there are no fees.
said.
Saylor, who says that they do not plan to take a break from buying Bitcoin, said that they have recently bought bitcoins. without issuing bonds or borrowing stated that they bought it.
companies this year $90 million cash Saylor, who said that they earned income:
As always, our strategy of paying the debts before the income and buying Bitcoin for the rest will continue.
made statements.
Saylor also said that they are looking for ways to increase the number of bitcoins they hold. In this regard, he stated:
We have the idea of borrowing 110,000 bitcoins as collateral and buying bitcoins again with that loan. We have not made a clear decision on this because the necessary risk calculations have not yet been made.
said.