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Big Bitcoin Bull Michael Saylor Responded to the Question of 'Whether He Will Sell Bitcoin'!
MicroStrategy's founder and chairman Michael Saylor gave clear messages regarding Bitcoin investment in an interview he participated in.
Saylor, who has approximately $54 billion worth of Bitcoin assets through the company, stated that he has no intention of selling despite the 70% paper profit.
Saylor reiterated his long-term confidence in Bitcoin, saying, "I will continue to take from the peak. Bitcoin is my exit strategy." According to Saylor, Bitcoin has now become a trillion-dollar asset class that competes with giants like Apple, Google, and Microsoft. However, Saylor pointed out an important difference: "BTC is not a company, it is an asset class. The capital structure of companies is not large enough to hold trillions of dollars in accumulation."
Saylor stated that Bitcoin competes not only with technology giants but also with traditional store of value assets such as gold, the S&P index, and real estate, expressing that Bitcoin is technically superior compared to these asset classes.
Saylor concluded his remarks by saying, "There is no reason to sell the winner and buy the losers."