Michael Saylor, CEO of Strategy, has updated information about the amount of Bitcoin held on the X platform.
He said that sometimes they not only hold Bitcoin but also have other trading activities, reflecting a flexible cryptoasset management strategy at Strategy.
- Michael Saylor shares new information about Bitcoin on X.
- Strategy complies with disclosing Bitcoin holding data immediately after occurrence.
- Bitcoin management strategy is not just HODL but also includes flexible actions.
What information did Michael Saylor announce about Bitcoin on the X platform?
Mr. Michael Saylor, CEO of Strategy, shared on the social X platform that sometimes the company does not simply hold Bitcoin long-term (HODL) but also has other activities related to cryptoasset management.
This is a message demonstrating proactivity in adjusting the Bitcoin investment portfolio to optimize asset efficiency.
How does Strategy have a policy of disclosing Bitcoin holdings?
According to previous regulations, Strategy always publicly discloses the exact amount of Bitcoin they hold on the next day after any fluctuations or related news. This ensures transparency and increases trust from the investment community.
"Clear disclosure of Bitcoin holdings helps investors accurately grasp Strategy's activities and financial strength."
Michael Saylor, CEO of Strategy, 13/07/2024
Why is it important for Strategy to not just HODL but also have other trading activities?
Strategy's long-term experience and strategy show that simply holding Bitcoin ("HODL") is not enough to maximize profit potential in the volatile cryptocurrency market. Trading activities or portfolio adjustments help manage risks and take advantage of market opportunities in a more proactive manner.
This reflects the professional vision and flexibility in the company's digital asset management strategy.
Practical example of Strategy's information disclosure policy
From 2020 to now, Strategy has many times precisely disclosed information about the amount of Bitcoin bought or sold by date, aiming to maintain transparency for investors. This has helped them be highly regarded for their credibility in the global cryptocurrency community.
Frequently Asked Questions
- Who is Michael Saylor?
He is the CEO of Strategy, a leading expert in cryptoasset management with many years of experience. - How does Strategy disclose Bitcoin information?
Strategy always updates Bitcoin holding data on the day following fluctuations, ensuring transparency. - What is the significance of not just HODLing Bitcoin?
This helps Strategy effectively manage risks, leverage market momentum instead of just holding fixed. - On which platform is the information shared?
Michael Saylor uses the social X platform to provide Bitcoin-related updates.