April 20, 2024

MicroStrategy will continue to buy bitcoins and make a profit from them

To date, MicroStrategy has purchased over 122,000 BTC and now, according to CEO MichaelSaylor, the company is exploring potential ways to "generate income" from its assets.

Although Saylor emphasized that inThe organizations have not yet taken any official steps; options are already being considered. The possible strategies were laid out in a presentation at an investor day on Dec. 17, during which Saylor detailed the company's overall business strategy.

We think that in the future we may havethe ability to either issue a mortgage or, under favorable circumstances, create long-term debt based on bitcoin. Or we could lend the coin to a reliable counterparty.

 

The third opportunity is to enter into a partnership ... witha big tech company, a big bank or some other player who really would like to get access to bitcoin, which could be a good source of income for us, - said Sailor.

Predictably, Sailor stated that the company will continue to acquire bitcoins further, this is the strategy.

MicroStrategy will continue to buy bitcoins and make a profit from them

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