MicroStrategy CEO could ‘liquidate $200M in Bitcoin on a Saturday’
Cointelegraph
Published Sep 22, 2020 07:15PM ET
Updated Sep 22, 2020 09:00PM ET
Michael Saylor has said that all $400 million of business intelligence firm MicroStrategy’s Bitcoin reserve holdings could be liquidated at any time.
In a Sept. 22 interview, Saylor told Bloomberg that although “volatility isn’t really a reason to sell,” he would not hesitate to dump MicroStrategy’s 38,250 Bitcoin (BTC) at a moment’s notice if an alternative asset’s yields were to jump.
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Written By: Cointelegraph
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