{"id":61256,"date":"2022-05-10T19:38:23","date_gmt":"2022-05-10T16:38:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61256"},"modified":"2025-09-05T11:07:46","modified_gmt":"2025-09-05T08:07:46","slug":"microstrategy-chief-says-no-plans-to-sell-its-bitcoins","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/microstrategy-chief-says-no-plans-to-sell-its-bitcoins\/","title":{"rendered":"MicroStrategy chief says no plans to sell its bitcoins."},"content":{"rendered":"<p>MicroStrategy has no plans to liquidate its cryptocurrency reserves. According to Chief Executive Michael Saylor, for the firm not to run short of digital assets to back loans, the price of Bitcoin would have to fall below $3,562.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">MicroStrategy has a $205M term loan and needs to maintain $410M as collateral. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSTR<\/a> has 115,109 BTC that it can pledge. If the price of <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> falls below $3,562 the company could post some other collateral. See slides 11-12 in Q1 2022 presentation. <a href=\"https:\/\/twitter.com\/hashtag\/HODL?src=hash&#038;ref_src=twsrc%5Etfw\">#HODL<\/a><a href=\"https:\/\/t.co\/9WHsIB6Usx\">https:\/\/t.co\/9WHsIB6Usx<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1523996525151539203?ref_src=twsrc%5Etfw\">May 10, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>In April, Saylor <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-secures-205-million-debt-financing-to-buy-bitcoin\">described the policy of buying bitcoin as successful<\/a>.<\/p>\n<\/blockquote>\n<p>Earlier the company <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-to-study-new-scenarios-for-boosting-bitcoin-hodling-margins\">released<\/a> its financial results for Q1 2022. During the reporting period, revenue was $119.3 million with expenses of $298 million. The latter figure included $170.1 million attributed to a negative revaluation of its digital assets.<\/p>\n<p>MicroStrategy holds 129,218 BTC on its balance sheet \u2014 more than $4 billion at the time of writing. Of these, 115,109 BTC are held in MacroStrategy&#8217;s reserves. 95,643 BTC the company counts as &#8216;unspent&#8217;.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"474\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/micro-1-1024x474.png\" alt=\"\u0413\u043b\u0430\u0432\u0430 MicroStrategy \u0437\u0430\u044f\u0432\u0438\u043b \u043e\u0431 \u043e\u0442\u0441\u0443\u0442\u0441\u0442\u0432\u0438\u0438 \u0443 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u0438 \u043f\u043b\u0430\u043d\u043e\u0432 \u043f\u0440\u043e\u0434\u0430\u0432\u0430\u0442\u044c \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u044b\" class=\"wp-image-172675\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/micro-1-1024x474.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/micro-1-300x139.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/micro-1-768x356.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/micro-1-1536x712.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/micro-1.png 1554w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>MicroStrategy&#8217;s cryptocurrency balance. Data: <a href=\"https:\/\/www.microstrategy.com\/content\/dam\/website-assets\/collateral\/financial-documents\/events-presentations\/Q1-2022_microstrategy-earnings-presentation.pdf\">MicroStrategy<\/a>.<br \/><\/figcaption><\/figure>\n<p>On May 9, amid a crypto market rout, MicroStrategy <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-and-microstrategy-shares-slump-as-bitcoin-slides-toward-30000\">slid by more than 25%<\/a>. On May 10, in premarket on Nasdaq the securities recovered some of the decline, but after the regular session opened, quotes fell again.<\/p>\n<p>At the time of writing, the shares were trading near $216.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"489\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/MSTR_2022-05-10_19-28-28-1024x489.png\" alt=\"\u0413\u043b\u0430\u0432\u0430 MicroStrategy \u0437\u0430\u044f\u0432\u0438\u043b \u043e\u0431 \u043e\u0442\u0441\u0443\u0442\u0441\u0442\u0432\u0438\u0438 \u0443 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u0438 \u043f\u043b\u0430\u043d\u043e\u0432 \u043f\u0440\u043e\u0434\u0430\u0432\u0430\u0442\u044c \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u044b\" class=\"wp-image-172676\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/MSTR_2022-05-10_19-28-28-1024x489.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/MSTR_2022-05-10_19-28-28-300x143.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/MSTR_2022-05-10_19-28-28-768x366.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/MSTR_2022-05-10_19-28-28-1536x733.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/MSTR_2022-05-10_19-28-28.png 1834w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Hourly chart of MSTR\/USD on Nasdaq. Data: TradingView.<\/figcaption><\/figure>\n<p>In April, Saylor <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-chief-says-bitcoin-purchase-policy-has-been-highly-successful\">described the policy of buying bitcoin as successful<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy does not plan to liquidate its cryptocurrency reserves. According to CEO Michael Saylor, for the firm to have enough digital assets to back loans, Bitcoin would have to fall below $3,562.<\/p>\n","protected":false},"author":1,"featured_media":61257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1208,1207],"class_list":["post-61256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-michael-saylor","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=61256"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61256\/revisions"}],"predecessor-version":[{"id":61258,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61256\/revisions\/61258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/61257"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}