Home BlockchainStrategy Will Buy Bitcoin 'Forever', Says Michael Saylor—Even With $5 Billion Paper Loss

Strategy Will Buy Bitcoin 'Forever', Says Michael Saylor—Even With $5 Billion Paper Loss

by Decrypt
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Strategy Will Buy Bitcoin 'Forever', Says Michael Saylor—Even With $5 Billion Paper Loss

In brief

  • Strategy founder Michael Saylor said the firm will be buying Bitcoin “every quarter, forever,” despite the firm’s mounting losses.
  • He said that if Bitcoin plummets for an extended period of time, then the firm will refinance its debts.
  • Shares in Strategy (MSTR) are down around 2.7% on Tuesday, and nearly 66% in the last six months.

Strategy chairman and Bitcoin bull Michael Saylor says the firm will buy the top crypto asset “forever,” despite its paper losses now topping $5 billion on its…

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