ווי די קריפּטאָקוררענסי מאַרק is suffering one of its worst slumps in history, the times have been hard on most of its participants, including the software company MicroStrategy Incorporated (NASDAQ: MSTR), although its CEO remains optimistic.
Notably, Michael Saylor said that his company had anticipated the flagship digital asset’s volatility when it adopted a Bitcoin (בטק) strategy and is suitably equipped to withstand it, according to his טוויט אויף יוני קסנומקס.
As he said, the company “structured its balance sheet so that it could continue to HODL through adversity,” linking to his טוויט from May 10, in which he stated that should the price of Bitcoin drop below $3,562, the company could simply post some other collateral. The May tweet also stated that MicroStrategy had 115,109 Bitcoins it could pledge.
Source: https://finbold.com/microstrategy-ceo-we-anticipated-bitcoin-volatility-and-will-hodl-through-adversity/