- MicroStrategy has invested heavily in bitcoin and views it as a long-term store of value, not a short-term profit source. The company has no plans to sell its bitcoin holdings.
- MicroStrategy continues acquiring more bitcoin, now holding over 130,000 coins worth around $3 billion. It uses bitcoin as its primary treasury reserve asset instead of cash.
- MicroStrategy sees bitcoin as an inflation hedge that holds purchasing power over time, unlike fiat currencies which lose value. The company remains committed to holding bitcoin long-term.
MicroStrategy‘s bitcoin investment has paid off handsomely, but the company has no plans to sell. Michael Saylor, MicroStrategy’s executive chairman, explained the company’s long-term outlook on bitcoin in an interview with Bloomberg TV.
MicroStrategy is a business intelligence company that has invested heavily in bitcoin, buying over 100,000 coins. The company’s bitcoin bet has generated billions in gains so far. However, MicroStrategy views bitcoin as a long-term store of value, not a short-term profit vehicle.
Saylor Explains Why MicroStrategy Won’t Sell Bitcoin
In the Bloomberg TV interview, Saylor made it clear MicroStrategy has no intentions to sell its bitcoin anytime soon. “Bitcoin itself is the exit strategy,” he stated. Saylor explained that holding bitcoin long-term is the best way to preserve shareholder value.
MicroStrategy’s Bitcoin Holdings Continue to Grow
While MicroStrategy has no plans to sell, the company continues acquiring more bitcoin. MicroStrategy holds over 130,000 bitcoins, worth around $3 billion at current prices. The company uses bitcoin as its primary treasury reserve asset instead of cash.
Bitcoin Provides an Inflation Hedge
Saylor noted bitcoin serves as a hedge against inflation, which continues rising globally. With its fixed supply, bitcoin holds its purchasing power over the long run, unlike fiat currencies which lose value. MicroStrategy views this as bitcoin’s primary value.
The Future Remains Uncertain
It remains to be seen whether MicroStrategy’s bitcoin bet pays off in the long run. Much depends on if bitcoin gains mainstream adoption as a store of value and hedge against inflation. For now, MicroStrategy remains committed to holding its bitcoin for the long term.
