#MichaelSaylor Stays All-In on Bitcoin
Michael Saylor, the head of MicroStrategy, is not backing down. Even though the value of his company's Bitcoin has dropped significantly on paper, he says they will not stop buying.
Here is the simple breakdown of his plan:
The Game Plan
Keep Buying: MicroStrategy plans to buy more Bitcoin every three months, no matter what the price is.
No Selling: They have a "forever" mindset. They do not plan to sell their Bitcoin, even when the market goes down.
Ignoring the Loss: Even though they are currently "down" by over $5 billion (unrealized loss), Saylor says he isn't worried.
Big Belief: He believes Bitcoin is the best long-term investment in the world and views price drops as a chance to buy more.
Why is he doing this?
Saylor isn't scared of the "red" numbers. He is sticking to his plan to accumulate as much Bitcoin as possible.
