Strategy’s executive chairman, Michael Saylor, and CEO, Phong Le, assured that its Bitcoin accumulation strategy remains intact despite rising unrealized losses. During the earnings call after reporting $12.4 billion in Q4 losses, management indicated that liquidation risk would only emerge if Bitcoin fell to $8,000. Strategy to Buy More Bitcoin: Michael Saylor and CEO Phong
The post Strategy’s Michael Saylor, CEO Phong Le Assure More Bitcoin Buy, No Liquidations Until $8K appeared first on CoinGape.
More Stories
Crypto Market Braces for Deeper Losses as BOJ Board Pushes for More Rate Hikes
Crypto Prices Drop as U.S. Urges Citizens To Leave Iran
Japan’s Metaplanet Pledges to Buy More Bitcoin Even as BTC Price Crashes to $60k