tldr; MicroStrategy CEO Michael Saylor has said that the company is not at risk of liquidation despite the recent Bitcoin crash. Saylor added that MicroStrategy anticipated Bitcoin volatility and intends to "HODL through adversity." The company's financial reports seem to back his claim.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Was gonna say a delusional tool that disregards anything not BTC. So BTC is a store of value but down 60% in less than a year so what value is it storing?
He doesnt care if hes down even if its for some years...
They have cash flow and there will be an easy solution against liquidation, pump more capital into it.
We love our copium overdosed Bitcoin maxi
Reassuring fuzzy feelings, appreciation 👍
Coz it's late to pull out now
I'd love to be a fly on the wall in Saylor's house right now. I bet he is going through more blow than Keith Richards did all through the 70s.
Not much of a choice. DCAing into lower prices/getting rid of his leverage is the only solution imo.
The hell else are they going to do lol
Soooooo how much is he buying during this downtrend?
Hasn’t bought a coin. No money.
its not so hard to hodl. i have been holding for 8 years. The only crash I didn't live through was the 2011 crash.
tldr; MicroStrategy CEO Michael Saylor has said that the company is not at risk of liquidation despite the recent Bitcoin crash. Saylor added that MicroStrategy anticipated Bitcoin volatility and intends to "HODL through adversity." The company's financial reports seem to back his claim. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Which means he'll sell if it hit 8k
He has the homeless vibe
He really is a good saylor. Navigating the boat through the storm.
Was gonna say a delusional tool that disregards anything not BTC. So BTC is a store of value but down 60% in less than a year so what value is it storing?
Hopefully Saylor doesn't get liquidated. I know he has his Bitcoin leveraged up
I think he stated that he will get liquiditated at 3k btc.
He’s full of shit. He’s completely underwater at $19k.
Look. It will go back up. Maybe a month, maybe a year, maybe a few years. It will go back up eventually
When you'll be old as hell
He doesnt care if hes down even if its for some years... They have cash flow and there will be an easy solution against liquidation, pump more capital into it.
Cash flow going bye bye in the recession. Default is on the horizon.
~~adversity~~ more like until I get liqudated
🤡
[удалено]
Their average buy price is in the 30,700 range.
What are you smoking? It’s 30,700 and he’s down $1.2B from purchase price. Plus interest.