Michael Saylor said Microstrategy will keep buying bitcoin despite extreme fear reigning in the market.
Michael Saylor – CEO and founder of the largest corporate BTC holder MicroStrategy – reiterated his bullish stance on the company’s bitcoin strategy and, once again, shook off the rumor regarding a margin call hitting some of the firm’s holdings. Saylor restated his commitment to continue purchasing bitcoin as well.
As such, he went on to explain that as BTC’s four-year moving average sits at precisely around the $21,000 level, the current price level is “absolutely a great buying opportunity.” As MicroStrategy continues to create positive cash flow, it will deploy the capital for bitcoin purchases, he noted.“stack sats and stay humble,” hinting that he may soon resume the bitcoin buying spree.
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