Michael Saylor: "Will Keep Buying Bitcoin Forever," No Plans to Sell

In response to a question from a Bloomberg reporter about when he plans to sell Bitcoin, Michael Saylor, the founder of MicroStrategy, stated that he will continue to "buy Bitcoin forever" and has no intention to sell. Saylor believes that Bitcoin competes with larger asset classes such as gold, real estate, and the SP 500 index, but it is a superior product. He said, "Bitcoin is superior in itself, and there is no reason to sell something superior to buy something inferior. We believe that capital will continue to flow from these asset classes into Bitcoin because Bitcoin is technically superior to them. In this case, there is no reason to sell the winner and buy the loser." As previously reported by Jinse Finance, MicroStrategy held 190,000 Bitcoins as of the end of January, with a current market value of approximately $10 billion and a $4 billion unrealized profit