MicroStrategy CEO: Company’s Investors Pleased with Decision to Buy Bitcoin

MicroStrategy has been making headlines throughout the past couple of months, with the Virginia-based company announcing in August their plans to convert their treasury reserves from USD to Bitcoin. MicroStrategy’s Investors are Pleased with the Decision to Buy Bitcoin  In August, MicroStrategy made headlines when it became one of the first public companies to purchase massive sums of Bitcoin.

Earlier this month, Michael Saylor – the company’s CEO – explained in a tweet that MicroStrategy doubled down on their BTC holdings, acquiring a total of 16,796 BTC on the open market via 88,617 trades. MicroStrategy Isn’t Looking to Sell Their BTC Anytime Soon  Despite being net-negative on their Bitcoin purchases due to recent market-wide turbulence, Saylor explained that the company has no intention of offloading its BTC anytime soon.

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