MicroStrategy Will Not Sell Bitcoin

MicroStrategy CEO Michael Saylor, who has a large number of Bitcoins in his vault, said that he will not sell Bitcoin.

While general sales in the cryptocurrency market continue, MicroStrategy CEO Michael Saylor announced that his company is not considering selling their Bitcoins (BTC). MicroStrategy usually comes to the fore with its Bitcoin purchases. This time, the reason for coming to the agenda was the Bitcoins he owned. As it is known, MicroStrategy is a company that buys Bitcoin and holds the most BTC in its hands. After the downward movements in the cryptocurrency market, the eyes were turned to the company that holds the most BTC. MicroStrategy CEO Michael Saylor cleared the doubts by saying that the company never plans to sell its $5 billion worth of Bitcoin holdings. The CEO emphasized that the general policy of the company is to hold Bitcoin rather than sell it. MicroStrategy CEO Michael Saylor still thinks Bitcoin is one of the best inflation hedges for stock buyback events. Experts in the industry, on the other hand, do not support Michael Saylor's view due to the lack of historical data on this issue. Michael Saylor added that they do not have any thoughts of making profit from their investments in the cryptocurrency market.