Michael Saylor, Executive Chairman of MicroStrategy, expressed confidence in the company's ability to endure significant Bitcoin price drops. In a CNBC interview on November 14, Saylor stated that MicroStrategy could withstand an 80% to 90% decline in Bitcoin value without operational disruptions. The company employs a strategy akin to an intelligent bank, enhancing returns for common stock through preferred equity. This preferred equity lacks a maturity date, with dividends determined by the board, eliminating default risk.
Michael Saylor Confident in MicroStrategy's Resilience Amid Potential Bitcoin Decline
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