Major Bitcoin Bull Michael Saylor Responds to the Question of ‘Whether He Will Sell Bitcoin’

Michael Saylor, founder and chairman of MicroStrategy, gave clear messages about Bitcoin investment in an interview. Saylor, who holds approximately $54 billion worth of Bitcoin through his company, stated that he has no plans to sell despite his 70% gain on paper. Saylor reiterated his long-term confidence in Bitcoin, saying, “I will continue to buy from the top. Bitcoin is my exit strategy.” According to Saylor, Bitcoin has now become a trillion-dollar asset class, in the same league as giants like Apple, Google, and Microsoft. However, Saylor pointed out a key difference: “BTC is not a company, it’s an asset class. The capital structure of companies isn’t large enough to accommodate trillions of dollars in savings.” Related News: A Signal for Big Accumulation in 18 Altcoins: Whales Withdrawing Huge Amounts to Cold Wallets from Binance Saylor said that Bitcoin competes not only with technology giants but also with traditional store of value instruments such as gold, the S&P index and real estate, and that Bitcoin is technically superior compared to these asset classes. Saylor concluded: “There is no reason to sell the winners and buy the losers.” *This is not investment advice. Continue Reading: Major Bitcoin Bull Michael Saylor Responds to the Question of ‘Whether He Will Sell Bitcoin’