Michael Saylor, Chairman of Strategy, announced that the company is not pursuing acquisitions of other Bitcoin asset reserve companies due to the uncertainty involved. During the third-quarter earnings call, Saylor emphasized that while the idea of mergers and acquisitions might initially appear beneficial, the prolonged process, often lasting six to nine months or more, introduces significant risk. He noted that what seems advantageous at the outset may not hold the same value over time, leading the company to refrain from such activities.
Michael Saylor: Strategy Avoids Acquiring Bitcoin Reserve Firms Amid Uncertainty
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