MicroStrategy Will Not Dump Any Of Its Bitcoin, CFO Reveals
MicroStrategy has become a major player in the crypto realm since it began purchasing Bitcoin. Its holdings have seen it solidify its place as the public company with the largest bitcoin holdings in the world. A notable fact is that the company had bought a good chunk of its BTC during the bull rallies of 2021. So as the price of the digital asset has begun to decline, there have been speculations regarding whether MicroStrategy plans to begin dumping its BTC. MicroStrategy Will Not Sell BTC MicroStrategy recently appointed a new Chief Financial Officer, Andrew Kang, who so far looks to be....
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MicroStrategy CEO Michael Saylor has directly addressed concerns that he will dump Bitcoin at the first opportunity. In a tweet sent yesterday, Saylor sought to reassure the Bitcoin community by saying he is in it for the long term. There is no truth to the stories currently circulating that speculate "he would not hesitate to […]
MicroStrategy, it seems, is not done with its bitcoin buying spree despite its large holdings. The company’s CFO Phong Le has revealed the firm’s strategy going forward. According to Le, MicroStrategy is not done investing in bitcoin. The firm remains unfazed by the recent downtrend in the market and given that its previous investments remain […]
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings. Microstrategy and Its CEO Are Both Bitcoin Hodlers The CEO of the billion-dollar company Microstrategy, Michael Saylor, has revealed his own bitcoin holdings. His company, Microstrategy, recently bought $425 million in bitcoin as its primary Treasury reserve asset. Saylor, who has been outspoken about bitcoin ever since his....
Strategy (formerly MicroStrategy) has been in the headlines recently following the Bitcoin price crash into the $84,000 territory. The market crash had put it dangerously close to the company’s average buy price of $74,443, with only a 30% crash separating the company’s massive 649,870 BTC holding from being in the red. This has led the […]
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