Michael Saylor, CEO of MicroStrategy, which has one of the wallets holding the most bitcoins, said that he will not sell his bitcoins even if the decline in bitcoin price continues.
In an interview with Bloomberg, Michael Saylor said that he realized that bitcoin is more valuable against the dollar and that fiat currencies are garbage.
in possession of More than 120,000 bitcoins When asked if there is a specific price to sell, Saylor said:
No, we are not sellers, we just buy and hold. This is our strategy.
said.
Bitcoin price high 40% out of 69,000 MicroStrategy, which is in significant profits despite falling, according to data from bitcointreasuries.net paying 3.75 billion current value of bitcoins received $5.28 billion is doing.
All of MicroStrategy’s purchases in 2021 were higher than the current bitcoin price. company, bitcoin If it drops below $30,000 takes a loss.
In the Saylor interview:
The best defense against inflation is to buy Bitcoin. Our company couldn’t do better than convert our balance sheet to bitcoin in these days of high inflation.
made statements.