Michael Saylor Affirms MicroStrategy's Bitcoin Strategy, $48B Net Asset Cushion

BTC-0.84%
According to CEO Michael Saylor, MicroStrategy has raised over $60 billion since 2022 and added 716,000 Bitcoin to its holdings through aggressive purchases. Saylor stated that despite significant balance sheet pressure during the 2022 bear market, the company did not deviate from its long-term Bitcoin strategy. The company's current Bitcoin and cash reserves now exceed total debt by approximately $48 billion, according to Saylor's assessment.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments