Yesterday Micheal Saylor resigned as CEO of the company he founded and became a CEO at a very tender age(20s).
He is to be replaced by another veteran member of the company.
In one of his interviews with the Stephen Livera Podcast(SLP),he says he founded the company at 24 and later became CEO.
In this interview,Micheal reveals how he fell in love with bitcoin considering the circumstances that followed the covid crash in March 2020 and how he strategically handled the bitcoin situation with all members of the board for it to be included on their balance sheet.
Micheal is taking up the Executive Chairman role to focus more on #bitcoin and the space.
The question stands; Will the new CEO sell all the bitcoin they hold?
The new CEO says he won't sell.
Micheal says they won't sell any bitcoin either.
I think they will sell.😎
As of today,Microstrategy owns more than 120,000 bitcoin and since they incorporated it on their balance sheet, they have more than a $900m loss.
But will the new CEO have the same mindset of #hodling like Micheal or will the board force him to go out of their bitcoin position and sell?
As of today the Microstrategy stock, $MSTR is up 3.98% since this announcement.
Bitcoin trading at $23,098
Btc.D at 41.23%
Fingers crossed 🤞
😏 Well I think NO. 😇🙌🏻💎
You're thinking like a bitcoin maxi 🤗🤗
I think he would NOT sell because no one in their right mind would. Considering the amount of losses that they are currently in with that position.
Some individuals who have not explored bitcoin deep enough will always think it's going down more or even go to zero