Saylor

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 strategy.” This current crypto winter doesn’t have Michael Saylor feeling all that cold. He tells @emilychangtv why in Studio 1.0 https://t.co/EsUlY5sscN pic.twitter.com/zWStdl5qsF — Bloomberg TV (@BloombergTV) January 20, 2022 MicroStrategy became the first publicly listed corporation in the United States to acquire and hold Bitcoin a...