MicroStrategy’s Ambitious $42B Bitcoin Acquisition Plan Is Not Without Risks, CoinShares Says

The report said MicroStrategy is also “tied to its bitcoin holdings,” adding that there is a risk that if the company chooses to sell some of its bitcoin pile, its valuation premium could disappear. However, Michael Saylor said previously that he is not interested in selling his company’s bitcoin holding, saying, “Bitcoin is the exit strategy.”

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 16,168
Markets: 1,192
Marketcap: $ 3.84 T
24h Vol: $ 281.95 B
BTC Dominance: 54.15%