Michael Saylor continues to play bullish even after Bitcoin’s Decline

Michael Saylor continues to play bullish even after Bitcoin’s Decline

Michael Saylor, CEO of MicroStrategy recently appeared on Bloomberg TV. Current crypto assets (virtual currency) Bitcoin (BTC) his outlook on the market. Michael Saylor, CEO of MicroStrategy recently appeared on Bloomberg TV. Current crypto assets (virtual currency) Bitcoin (BTC) his outlook on the market. MicroStrategy is known for holding the largest number of Bitcoins as

Michael Saylor, CEO of MicroStrategy recently appeared on Bloomberg TV. Current crypto assets (virtual currency) Bitcoin (BTC) his outlook on the market.

Michael Saylor, CEO of MicroStrategy recently appeared on Bloomberg TV. Current crypto assets (virtual currency) Bitcoin (BTC) his outlook on the market. MicroStrategy is known for holding the largest number of Bitcoins as a listed company.

Even after the first announcement of possession of Bitcoin in August 2008, he has been buying more Bitcoin on a regular basis, and in December 2021, he purchased a total of 20.3 billion yen worth of Bitcoin.

In an interview, Saylor explained that Bitcoin should be invested in a short term of 4 years and in the medium term of 10 years, and the best thing is to keep it forever. 

He also claimed that if he had been holding Bitcoin for the past four years, no one was losing money. If you look at (the market price) in an appropriate period, there is no problem.

He commented that Bitcoin is the most interesting thing in the (current) global financial sector. The only downside is that it can be a concern for investors in the short term.

Michael Saylor continues his bullish stance

MicroStrategy, led by Saylor, has consistently maintained a bullish stance since purchasing Bitcoin as a corporate asset in August 2020, regardless of market conditions. It is worth noting that while it has been bought more often until now, it has not been sold once.

At the 3Q financial results briefing, it was announced that it was considering raising funds for additional purchases in the future. It is also reported that in December, it started considering a plan to manage its Bitcoin. As of January 2022, the company owns a total of 124,391 BTC. The average acquisition price is $ 30,159.

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