MicroStrategy to Buy Back 10-20 Bitcoin for Every 1 Sold, Saylor Says on May 11

GateNews
BTC-0.79%

According to The Block, MicroStrategy Executive Chairman Michael Saylor stated on May 11 that the company will rapidly replenish its bitcoin holdings at a ratio of 10 to 20 bitcoin purchased for every 1 bitcoin sold, even if occasional sales occur. Saylor emphasized the company’s commitment to being a net accumulator of bitcoin, ensuring holdings at year-end exceed those at year-start.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments