Michael Saylor Urges Investors Not to Sell Their Bitcoin

Michael Saylor, the founder of MicroStrategy (now rebranded as Strategy), recently made waves with his comments on Bitcoin’s market decline.

As one of the most prominent institutional advocates for Bitcoin, Saylor humorously advised investors to hold onto their BTC, even jokingly suggesting, “Sell your kidney if necessary, but don’t sell your Bitcoins, keep them.”

In addition to his public encouragement for Bitcoin holders, Saylor has been actively involved in discussions about the creation of a U.S. Bitcoin reserve. He met with U.S. Representative French Hill to explore the potential of establishing a strategic Bitcoin reserve.

According to Saylor, his conversation with the House Financial Services Committee was centered around how digital assets could help the U.S. take the lead in Bitcoin and crypto innovation.

READ MORE:

SEC Clarifies Memecoins Not Classified as Securities

Saylor emphasized that digital assets could revolutionize payment systems and open up new avenues for capital access.

He expressed optimism about the committee’s ongoing work toward developing a clear legal framework to propel the U.S. as the global leader in cryptocurrency, in alignment with former President Trump’s vision of making the country the world’s crypto capital.

Alexander Stefanov