Although Bitcoin has been reaching new highs recently, investors are curious about when MicroStrategy will sell Bitcoin to cash in on the profits. However, the founder of MicroStrategy, Michael Saylor, has stated that “continuously buying Bitcoin is a form of exit strategy!” Saylor also initiated a daily stock selling plan earlier this year, intending to use the proceeds to buy Bitcoin.
MicroStrategy Issues $500 Million Convertible Bonds, Bitcoin Floats an $8.1 Billion Gain, Stock Price Outperforms NVIDIA