![\"Michael](\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9oaS1iaXRjb2luLXN1cHBseS1pcy1zaHJpbmtpbmctd2lsbC1zYXlsb3JzLXJlbGVudGxlc3MtYnRjLWJ1eWluZy1jYXVzZS1hLXN1cHBseS1zaG9jay5qcGc=.jpg\")
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Strategy executive chairman Michael Saylor said that continuing to use the \u201cnever sell\u201d Bitcoin mantra could ultimately undermine the very asset his company is built around.<\/p>\n
Strategy executive chairman Michael Saylor said he raised the possibility of selling Bitcoin during Strategy’s recent earnings call to protect the asset’s long-term interests.<\/p>\n
\u201cWe own about $65 billion worth of Bitcoin. If the market thought we would never sell it, the credit rating agencies would say, Well then, I guess it\u2019s not an asset,\u201d Saylor told Scott Melker on The Wolf Of All Streets podcast published<\/span><\/a> to YouTube<\/a> on May 10.<\/p>\n \u201cThere is $20 to $100 billion of liquidity in the Bitcoin market that is not correlated to our equity or to our credit. If we were to say we\u2019re never going to take advantage of that liquidity and we\u2019re never going to use that asset, then we\u2019re impairing the asset, which 98% of the company is built on,\u201d Saylor explained, adding:<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n