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Michael Saylor assuages investors after market slumps hurts MSTR, BTC

2022.05.11 00:15

Michael Saylor assuages investors after market slumps hurts MSTR, BTC
Michael Saylor assuages investors after market slumps hurts MSTR, BTC

MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans.

The American business intelligence and software giant made headlines in 2021 with a number of major investments into Bitcoin. Saylor was a driving force behind MicroStrategy’s decision to convert its treasury reserve into BTC holdings.

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