According to Bijié Wǎng, in the context of Bitcoin's recent price drop below $95,000, Michael Saylor, CEO of MicroStrategy, has reaffirmed his commitment to a long-term 'HODL' strategy. Saylor has dismissed rumors of MicroStrategy selling Bitcoin, stating the company is 'accelerating purchases.' The company now holds 641,692 Bitcoin, with an average purchase price of $74,079. Analysts note that MicroStrategy's conservative financial structure, including the use of convertible preferred notes, allows it to continue accumulating Bitcoin without forced liquidation. Despite short-term risks, Saylor remains confident in Bitcoin's long-term outperformance over gold and the S&P 500.
Michael Saylor's Bitcoin Holding Strategy Amid Market Volatility
币界网Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.