The largest owner of bitcoin: it would be a mistake to stop buying cryptocurrency

Michael Saylor, CEO of MicroStrategy (the company is the largest commercial holder of BTC), commented on the firm’s recent purchase of the No. 1 cryptocurrency. Earlier, Saylor was criticized in the market, but he was Binance-nazvav-suchasnu-kryzu-na-kryptovalyutnomu-rynku-najkrashhym-momentom-dlya-tyh-hto-shhe-ne-maye-kryptovalyutu/">supported by the head of Binance.

«We still have huge reserves for bitcoin and for loan repayments. At the moment, our situation could be compared to the situation when you have a million dollars in collateral and borrow $ 40,000 directly against these guarantees,» said Saylor.

«If bitcoin drops by 95%, we’ll have to put up additional collateral,» Saylor admitted. «We also have other cash flows and assets… So we were prepared for the worst. Thus, we will only start to worry at a price of $ 3500 per 1 coin.»

«Risks are only part of the game. At this point, it’s important to keep holding bitcoin and buy as much cryptocurrency as you can afford,» Sailor said.