Michael Saylor: Strategy to Purchase Bitcoin 'Indefinitely' Despite Losses
Michael Saylor asserts that his firm will continue to acquire Bitcoin, even with significant losses exceeding $5 billion.
On Tuesday, Bitcoin enthusiast Michael Saylor revealed that his company remains committed to purchasing Bitcoin, despite facing substantial financial challenges. Currently, the firm’s Bitcoin investments are in the red, with losses surpassing $5 billion.
Saylor, a prominent figure in the cryptocurrency space, expressed unwavering confidence in the long-term value of Bitcoin. He emphasized that the strategy of accumulating BTC will persist, regardless of short-term market fluctuations.