Michael Saylor: We will be reporting on bitcoin buys on Monday

Forex Short News
  • We have been accelerating our bitcoin purchases
  • If you’re going to be a bitcoin investor, you need to be able to handle the volatility
  • There is an incredible amount of leverage
  • A lot of the OG holders were selling at the 100K level
  • I think we’re building a base here
  • We don’t have any trigger points soon
  • If bitcoin falls 80%, we’re still overcollateralized
  • Blended average is about $74K

There is a report that he had sold bitcoin but that doesn’t seem to be the case. Unfortunately, he wasn’t asked about it directly.

This article was written by Adam Button at investinglive.com.