Join the larget crypto conference of 2022 in Bitcoin
Bitcoin
$ 39,046

Saylor reveals he will oversee Bitcoin acquisition strategy

5
(1)
Saylor reveals he will oversee Bitcoin acquisition strategy 2

The former Chief executive officer of Microstrategy revealed the main reason why he stepped down from the role of CEO.

Microstrategy is a software business intelligence company and is popularly known in the crypto industry because of its bullish support of Bitcoin & blockchain technology. Microstrategy started to accumulate Bitcoin since 2020 and now this company holds a total of 129,218 BTC on its balance sheet. Recently Michael Saylor, founder of Microstrategy, left his position from the company as a CEO. 

Initially when Saylor announced his departure from the CEO position, then many media reports claimed that Saylor’s decision was a response to those people, who were criticizing Microstrategy for its Bitcoin acquisition plan. 

Microstrategy announced its Q2 2022 earning call report in mid of July in which the company said that it lost $1 billion net in this quarter because of the downfall in the price of Bitcoin. But Saylor decided to leave the CEO position just 20 days after the date of the earnings call report, So it was usual for the speculators to consider that it was all about Bitcoin, loss & Bitcoin supportive leadership issues. 

On 3 August, Yahoo Finance published an interview report with the former Microstrategy CEO. Through the interview, Saylor confirmed that the decision to leave the CEO position was a several-year-old plan.Β 

Saylor explained that the company is now holding billions of funds on its balance sheet and also has a big customer base, so it was necessary to introduce a full-time CEO for the company.

Saylor said:

“We’ve been working on a succession plan with him for about four years, making him first the Chief Operating Officer and then President about two years ago.”

Further, Saylor confirmed that he will now work as a full-time Chair of the Board and he will focus on the Bitcoin acquisition strategy and his primary role will be advocacy education and innovation, working on technology leadership opportunities.

These statements by Saylor hint that he is planning something big with bitcoin because Bitcoin investment is not a big deal but surely doing something unique with bitcoin is a time-consuming procedure.

Read also: Microstrategy stock surges by 126% in a month, just after Saylor quit

Saylor reveals he will oversee Bitcoin acquisition strategy

 

https://bitcoinik.com/saylor-reveals-he-will-oversee-bitcoin-acquisition-strategy/feed/

https://bitcoinik.com/saylor-reveals-he-will-oversee-bitcoin-acquisition-strategy/feed/

 

 

 

 

 

Ads by Cryptonews24

 

koinswap

πŸš€πŸš€Get ready for the biggest ICO of 2022.
βœ…ICO starts from August 16, 2022
βœ…ICO= Initial Coin Offering. Where you can purchase tokens at base price.
βœ…ICO has different rounds with different price.
βœ…Round-1 price: $0.0005
βœ…Round-2 price: $0.001
βœ…Round-3 price: $0.002
βœ…Round-4 price: $0.004
βœ…Round-5 price: $0.008

πŸ‘‰ICO will be finished on September 15, 2022.
πŸ‘‰Trading will start after ICO completion.

πŸš€πŸš€EXCHANGE LISTING PRICE: $0.02 per KST. That is 40x than ICO Round-1 (Seed round)πŸš€πŸš€

πŸ‘©πŸ»β€πŸ’»For more details pls read pdf in marketing tools section in dashboard.

#koinswap #kst #nft #metaverse #blockchain

π™π™€π™‚π™„π™Žπ™π™π˜Όπ™π™„π™Šπ™‰ π™‡π™„π™‰π™†πŸ‘‡πŸ½
https://koinswap.io/register?referralcode=CFxqfP
β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬β–¬

THIS IS A LIFE CHANGING OPPORTUNITY

*REGISTER N VERIFY UR MAIL N GET 1000 COIN FOR FREE*

I THINK LAST YEAR OR SO WHEN MY FRIEND SHARE THE LINK OF PLCU TO ME, I INSULTED HIM IN MY HEAD N DIDNT JOIN
*TODAY PLCU IS 70,000$*

TODAY KOINSWAP IS GIVING US 1000 COIN FREE BUT NO ONE CARE TO TAKE IT
πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡
https://koinswap.io/register?referralcode=CFxqfP

JOIN THE GROUP FOR MORE UPDATES
https://chat.whatsapp.com/BGUVkqhI6mg1p9XdJXzBwl

In 2009 you missed# BITCOIN
2014 you missed# DOGE
2015 you missed# XRP
2016 you missed# ETH
2017 you missed# ADA
2018 you missed# BNB
2019 you missed# LINK
2020 you missed# DOT
2021 you missed# SHIBA

https://koinswap.io/register?referralcode=CFxqfP

—————————————————————————————————————————————-

Ads by Cryptonews24

 

 

 

Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.

 

How useful was this post?

Click on a star to rate it!

Average rating 5 / 5. Vote count: 1

No votes so far! Be the first to rate this post.

TELEGRAM
Cryptonews24 Channel Chat