Michael Saylor and his company MicroStrategy have been one of the major the topics on Crypto Twitter for a very long time because of Critics who predicted that he will soon receive margin calls and that he is at the risk of possibly getting liquidated for HODLing and not selling his company's Bitcoin position for the fact that his company is down about $1.6 billion in unrealized losses, Michael Saylor himself has admitted that the speculation about his company getting margin calls or liquidated has only made him Twitter famous and are false news but that the FUD news spreading by crypto critics won't still make him sell any Bitcoin, instead, he will buy more when the company has an extra crash, which he recently did, it might not be as much as he used to buy but he kept true to his word, According to him, our strategy is simple: we buy bitcoin and we hold the bitcoin.

Michael Saylor Is A Real Diamond Hand

Michael Saylor is not perfect but he doesn't brag for nothing, he always put his money where his mouth is, MicroStrategy recently bought more Bitcoin. They bought 480 more Bitcoins worth $10 million to add to the company's portfolio and it is now holding 129,699 Bitcoin which should make their total Bitcoin investment above $4 billion, although like I have said earlier the company is down about $1.6 billion on unrealized losses but that did not stop them from taking advantage of the dip to buy more Bitcoins to add to their Bitcoin portfolio, he promised to keep everyone updated anytime his company makes any move with regards to Bitcoin, either when they buy or sell, and you can see the update he tweeted below.

MicroStrategy has purchased an additional 480 bitcoins for ~$10.0 million at an average price of ~$20,817 per #bitcoin. As of 6/28/22 @MicroStrategy holds ~129,699 bitcoins acquired for ~$3.98 billion at an average price of ~$30,664 per bitcoin. $MSTR

For as long as I have known Michael Saylor and his company MicroStrategy, they have been one of the biggest supporters of the cryptocurrency market, although it is majorly Bitcoin because he is a Bitcoin Maximalist but his Bitcoin journey didn't start that way, he was once a Bitcoin skeptic and critic in the past around 2011/2013. Michael Saylor is now a firm believer in Bitcoin and its potential. He has stated that his company MicroStrategy will keep accumulating more Bitcoin in one or more of his recent interviews with CNBC and that is exactly what they are doing. Bitcoin is a long-term asset and Michael Saylor and MicroStrategy understand that and are here for the long haul.

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