Bitcoin

Coin

<ul class="news-points"> 
 <li>Michael Saylor, MicroStrategy CEO, rejects selling Bitcoin holdings, emphasizing its superiority as a long-term investment.</li> 
 <li>MicroStrategy’s strategy is to accumulate and hold Bitcoin, not trade or diversify.</li> 
 <li>Saylor advocates perceiving Bitcoin as a digital property, highlighting its potential to replace currency derivatives and weaker assets.</li> 
</ul> 
Michael Saylor, who has made headlines with his substantial <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">Bitcoin</a> investments, debunked the notion of selling Microstrategy’s Bitcoin holdings. He emphasized his commitment to the cryptocurrency, asserting that he views Bitcoin as a superior long-term investment than traditional assets. 
During the interview with Christopher Jaszczynski, host and co-founder of the crypto-related YouTube channel MMCrypto, Saylor dismissed the idea of selling Bitcoin, stating, “I don’t think it’s very wise to sell Bitcoin.” Saylor’s unwavering stance on not selling Bitcoin aligns with his long-term strategy for MicroStrategy. 
MicroStrategy, the business intelligence company Saylor leads, has <a href="https://coinedition.com/you-can-never-have-too-much-bitcoin-microstrategys-michael-saylor/">consistently increased its Bitcoin holdings</a>. From the initial acquisition of 17,732 BTC in the fall of 2020, MicroStrategy’s holdings have now…
The post <a href="https://coinedition.com/microstrategys-no-sell-stance-on-bitcoin-despite-1b-profit/">MicroStrategy’s No-Sell Stance on Bitcoin Despite $1B Profit</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

MicroStrategy’s No-Sell Stance on Bitcoin Despite $1B Profit

Coin Edition

Other articles published on Nov 13, 2023

FTX Sues ByBit to Recover $1B Funds Allegedly Withdrew Before FTX Collapse

GROK Token Hits $160M Market Cap in 8 Days!

Bitcoin Whale Goes on Massive Selling Spree

Top 5 Crypto Casinos in China That Would Elate Every Gambler

Cybersecurity firm SlowMist exposes fake Skype app in latest crypto phishing scam

Coinbase Announces Support For SOL & AVAX Perpetual Futures

Join our free newsletter for daily crypto updates!