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Michael Saylor says MicroStrategy (Strategy) must be able to Sell Bitcoin

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by COINS NEWS 34 Views

"Saylor also stressed that Strategy must retain the ability to sell Bitcoin, despite building its identity around continuous accumulation.

The comment marks an important qualification to the company's long-standing Bitcoin strategy.

Although Saylor remains firmly bullish on the cryptocurrency's long-term prospects, Strategy needs sufficient flexibility to meet debt obligations, fund dividends and respond to changing market conditions.

He recently predicted that Bitcoin could appreciate by an average of 30% annually over the next 20 years and outperform the S&P 500 over the long term. However, his latest warning makes clear that he does not expect that growth to occur without significant drawdowns.

For MSTR investors, Saylor's message was straightforward: short-term volatility, and potentially several painful years, should be expected rather than treated as an exception."

Article stolen from: Yahoo Finance

Original Article Link:

https://finance.yahoo.com/markets/crypto/articles/michael-saylor-warns-mstr-investors-123451255.html

Top Comments from this Article:

"Difficult years for people that follow his advice."

"People fail to understand that Saylor is a Ponzi engineer, not a Bitcoin HODLer, despite constantly preaching the HODL mentality. His recent Bitcoin sales expose the fragility of his Ponzi-style capital structure. If people want to speculate on Bitcoin, Bitcoin ETFs already existβ€”there’s no need to buy companies whose business model depends on Ponzi engineering."

"Please, Hold 4 Years to Save My Skins, The Accounting Fraudster, ceo."

"Scam boy Saylor is worried."

"Why would anyone want to hold a declining asset for 4 years after it just lost 2/3rds of its value investing in junk?"

"If mstr holders dont sell shares then that leaves more shares for Him to sell!!"

What do you think will happen over the next 4 to 10 years with MicroStrategy (Strategy)?

submitted by /u/Ryanopoly
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