Michael Saylor Reveals MicroStrategy’s Bitcoin Buying Strategy
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On August 7, 2024, Michael Saylor, the executive chairman and founder of MicroStrategy, discussed the company's Bitcoin buying strategy during an interview with Bloomberg. Saylor emphasized that there is never a bad time to buy Bitcoin. He stated that MicroStrategy believes in purchasing Bitcoin whenever they have available cash or can raise money in the capital market.
Saylor's comments reflect his ongoing belief in Bitcoin as a valuable asset. This interview underscores MicroStrategy's commitment to expanding its Bitcoin holdings regardless of market conditions.
This strategy is part of MicroStrategy's broader vision and long-term optimism about Bitcoin's potential. Saylor's consistent advocacy for Bitcoin continues to set a precedent for corporate investment in cryptocurrencies.
Source: coinpedia.org ↗
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