Michael Saylor: Even if Strategy may sell a small portion of BTC in the future, the company will continue to be a net buyer overall
BlockBeats reported that on May 10, Michael Saylor stated in an interview that Strategy currently holds 818,000 BTC, all of which are unencumbered. He mentioned that the company may conduct small-scale BTC sales in the future to utilize liquidity, but overall will continue net purchases.
Saylor said: "We might sell 20 basis points of BTC in a month, but in the same month we might buy five or ten times that amount." He emphasized that if the market believes the company "will never sell BTC," this would weaken BTC's financial asset properties and its credit rating logic.
Additionally, Saylor reiterated his long-term bullish view: "I'll always buy at the top. I'm willing to buy at $60,000, $80,000, $120,000, and I'll keep buying BTC even at $1 million, $2 million, or even $16 million."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia-backed AI cancer drug company Iambic (IAM.US) listed on Nasdaq: IPO priced at mid-range, raising 150 millions USD
AI anti-cancer drug company Iambic, backed by Nvidia, has been listed on Nasdaq, raising $150 million with a market capitalization of $758 million.
Caterpillar (CAT.US) has pulled back nearly 30% from its all-time high as high oil prices and the decline of the AI rally put pressure on industrial stocks.
Caterpillar's stock price is heading toward a decline of more than 30% from its historical peak. The combination of high crude oil prices, rising US Treasury yields, and the cooling of AI trading logic continues to put pressure on the entire industrial sector.
S&P 500 Enters Its Strongest Seasonal Window
Korea Arlico Pharm President Kim Dae Hoon Reports 17-Share Holding, 0.0001% Stake
