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Michael Saylor admits Strategy shareholders ‘would suffer’ if Bitcoin were to ‘fall 90% and stay there for 4 or 5 years’

Fortune LogoFortune14h ago

Michael Saylor admits Strategy shareholders ‘would suffer’ if Bitcoin were to ‘fall 90% and stay there for 4 or 5 years’ - Fortune

Quick Summary:

Strategy—formerly MicroStrategy—owns nearly $59 billion worth of the cryptocurrency.

Rather than focusing on organic growth from its business software, former Bank of America head of equity capital markets Craig Coben told the Financial Times the company’s focus is on “new recruits” and “new money.

As of March 31, Strategy held $60.3 million in cash, just a fraction of the $43.5 billion it held in Bitcoin, according to its form 10-Q.


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Michael Saylor admits Strategy shareholders ‘would suffer’ if Bitcoin were to ‘fall 90% and stay there for 4 or 5 years’ - Fortune (Picture 1)

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Article Details

Author / Journalist: Stuart Dyos

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-15 @ 16:54:15 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 577 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 145 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28732780

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Official Website: fortune.com

Update Frequency: 63 posts per day

Year Established: 1929

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News Last Updated: 10 hours ago

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