MicroStrategy’s CEO, Michael Saylor, has suggested that the company may continue to purchase Bitcoin for the 11th consecutive week, further solidifying their commitment to the digital asset.
According to Saylor, the company is looking to acquire more Bitcoin as part of their treasury reserve strategy, stating that they view the cryptocurrency as a reliable store of value in the current economic climate.
This news comes as no surprise, as MicroStrategy has already invested heavily in Bitcoin, with the company holding over 100,000 BTC in its reserves.
Saylor’s bullish stance on Bitcoin has resonated with many investors, with the cryptocurrency continuing to gain mainstream acceptance and adoption.
It remains to be seen how this continued investment in Bitcoin will affect MicroStrategy’s bottom line, but the company seems confident in their decision to embrace the world’s leading digital currency.
Overall, Saylor’s hints at further Bitcoin purchases demonstrate MicroStrategy’s unwavering belief in the potential of the cryptocurrency market.
