MicroStrategy CEO Michael Saylor pledged to maintain pouring the enterprise intelligence firm’s extra money into bitcoin Thursday, telling traders
MicroStrategy CEO Michael Saylor pledged to maintain pouring the enterprise intelligence firm’s extra money into bitcoin Thursday, telling traders his staff may even “discover numerous approaches” for extra buys.
“Going ahead, we proceed to plan to carry our bitcoin and make investments extra extra money flows in bitcoin. Moreover, we’ll discover numerous approaches to amass extra bitcoin as a part of our general company technique,” Saylor mentioned within the firm’s quarterly submitting.
The corporate is at present sitting on a trove of 70,784 bitcoins. Whereas most of that was bought with extra money, Saylor raised $650 million late final yr in a debt providing to purchase but extra bitcoin.
“Concerning our bitcoin technique, our pioneering determination to make bitcoin our major treasury reserve asset has made MicroStrategy a thought chief within the cryptocurrency market and generated nice curiosity in MicroStrategy as an organization,” Saylor mentioned.