Michael Saylor assuages investors after market slumps hurts MSTR, BTC

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

MicroStrategy lost 24% value in May, but Michael Saylor's faith in Bitcoin is unbreakable.

MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans.

Global markets have suffered major losses in early May and Microstrategy’s stock has not been spared. MSTR has seen itsand the value of Bitcoin has also slumped considerably along with the wider cryptocurrency markets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We call it “married” to a trade in the industry

Global markets have suffered major losses in early May and Microstrategy’s stock has not been spared. MSTR has seen its value drop by 24% and the value of Bitcoin has also slumped considerably along with the wider cryptocurrency markets.

perfect 👌

inflation goes up bitcoin goes down...inflation goes down so bitcoin goes down too...don't believe influencers who say that bitcoin is an asset and a hedge because it's all bullshit

This is a real show of pure conviction and confidence. Microstrategy and Saylor will be HUGE someday.

Yeah, everyone’s faith in something is unbreakable. He’s not special.

Aw well, onto the next Ponzi

Your journalists are rubbish $MSTR said they would not sell any Bitcoin and would be able to handle a drop to 3k before even having to put up collateral other than their BTC holdings and this dunce writes an article saying they would sell at 21k 😕

Cross fingers to that! For the meantime, Let's go hop between realms, play head-to-head trivia, chat with fellow fans, earn $SAO only at SatorSAO. C'mon!! Sator Sao Metaverse Socialize Compete

We’re on the same page. My faith in crypto and tether is getting stronger everyday.

Drugz helps :o

Nice 😍😍

Diamond hands! Also gonna make $XRD for long run and im sure radix could grow massive this yearc, lets see altseason

He basically have no choice, right?

Saylor knows.

what saylor and microstrategy said is not all true, it's just their trading tactic, they have been collecting bitcoins from 2018-2019 and now they are just selling and selling. look when michael saylor said they bought bitcoin after that the price would crash.

Our faith in Bitcoin is also unbreakable

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Dow and the S&P 500 are likely falling into a bear market but your portfolio doesn't have to sink with themOPINION: Don’t be surprised if the S&P 500 sinks as low as 3,200, but this investment strategy will make your portfolio well positioned to fully recover whenever the markets finally begin to rally.
Source: MarketWatch - 🏆 3. / 97 Read more »

First Mover Americas: Institutions Look to Be Selling BTC in Falling MarketAre institutions bailing on bitcoin? The numbers suggest they've become sellers of late. godbole17 reports in this morning's First Mover Americas. godbole17 send me a phone version pls godbole17 You’re becoming a FUD account Now is the right time to setup passive stream of income on Cryptocurrency💱Forex Trade📊🤑Let a professional Trader do the work, while you relax and monitor your account🥳DM📨FOR GUIDANCE
Source: CoinDesk - 🏆 291. / 63 Read more »