MicroStrategy's Michael Saylor Explains Possible Bitcoin Asset Sale

MicroStrategy, a well-known company in the cryptocurrency space, has been actively accumulating Bitcoin since August 2020. As of now, they hold an impressive reserve of 818,869 BTC.

In a recent interview on 'The Wolf Of All Streets' podcast, Michael Saylor, MicroStrategy's Executive Chairman, addressed reports that the company is considering selling its Bitcoin assets. He emphasized that this step could be taken to protect the long-term interests of the asset and effectively utilize market liquidity.

Saylor noted that if they announced they would never sell their Bitcoin reserves, credit rating agencies might stop recognizing them as assets. He believes that failing to utilize market liquidity diminishes the asset's value, as 98% of MicroStrategy's business model is based on this very asset.