One of the leading Bitcoin network supporters Michael Saylor, the executive chairman and a co-founder of MicroStrategy, could be losing steam as a maxi.
According to a recently revealed audio clip by altcoin daily, a crypto YouTube channel with over 1.29 million subscribers, Saylor said that he is waiting for the company’s Bitcoin holdings to break even and offload to Ethereum.
די התגלות is questionable following Saylor’s daily Twitter updates that display his allegiance to the Bitcoin network. Nonetheless, the Ethereum network has made significant upgrades that may help the asset perhaps overtake Bitcoin’s market capitalization.
Microstrategy’s Investment In Bitcoin: A Giant Miss
MicroStrategy holds approximately 132,500 Bitcoins and reported a digital assets impairment loss of approximately $197 million during the fourth quarter earnings results. As an analytic and business intelligence publicly traded company, its investment portfolio significantly informs most individual investors’ strategies.
The company uses its Bitcoin holding to borrow loans from Silvergate bank, according to a recent interview on Saylor.
Source: https://coinpedia.org/news/microstrategys-bitcoin-maximalism-wavers-shift-to-ethereum/