Michael Saylor, Executive Chairman of MicroStrategy, has refuted rumors suggesting a halt in the company's Bitcoin acquisitions. Despite market speculation, Saylor confirmed that MicroStrategy continues to bolster its USD liquidity while maintaining its Bitcoin purchasing strategy. The firm recently increased its USD reserves by $748 million, a move that supports further Bitcoin investments.
Saylor emphasized that MicroStrategy is leveraging both debt and equity to fund its Bitcoin purchases, aligning with its established strategy rather than indicating a shift. The rumors of a Bitcoin price prediction reaching $74,000 lack on-chain evidence, and the community sentiment remains stable. MicroStrategy's actions are consistent with its historical approach to Bitcoin acquisition, focusing on strengthening liquidity without pausing its buying activities.
Michael Saylor Dismisses Bitcoin Purchase Pause Rumors
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