Microstrategy Denies Reports That It Is Selling Bitcoin
The Microstrategy company, which regularly buys Bitcoin (BTC), has published news that it sells Bitcoin. Michael Saylor (CEO of Microstrategy) also made a statement on the subject. Microstrategy’s CEO, Michael Saylor, denied claims that Microstrategy was selling Bitcoin.
Michael Saylor, CEO of Microstrategy:
“Microstrategy’s CEO, Michael Saylor, has denied allegations that Microstrategy is secretly selling Bitcoin (BTC). Also, Michael Saylor said they have an obligation to report any such transaction to the SEC” (For buying and holding Bitcoin) or any material changes to Bitcoin holdings, we disclose it to our shareholders through SEC filings.” told
Also, Michael Saylor emphasized that MicroStrategy plans to continue investing in Bitcoin in anticipation of mass adoption. Besides, MicroStrategy has increased its Bitcoin holdings to around 130,000 BTC after investing an extra $200 million on a loan.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.