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Microstrategy is not selling its bitcoin, says new CFO

From bitcoinmagazine.com

The buy and hold bitcoin tactics of MicroStrategy won’t be changing despite the recent selloff according to a recent interview with the Wall Street Journal and the company’s newly appointed CFO, Andrew Kang. “At this time, we do not have any intention to sell,” Kang told the WSJ. “There are no scenarios that I’m aware [in which] we would sell.” Kang continued to explain that MicroStrategy had not felt pressure from any stakeholders to sell, indicating a clear alignment of investors in the company and its bitcoin strategy. While Kang did say the company regularly monitors the price of bitcoin, he was not willing to ... (full story)

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  • Category: Fundamental Analysis