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Michael Saylor: Strategy Not Very Interested in Acquiring Other Bitcoin Treasury Companies
Summary: According to Cointelegraph, Michael Saylor, Chairman of Strategy, stated that due to various uncertainties, the company is not very interested in acquiring other Bitcoin treasury companies, but he did not completely rule out this possibility. During Strategy's third-quarter earnings call on Thursday, Saylor told investors, 'Overall, we have no plans to engage in mergers and ...
According to Cointelegraph, Michael Saylor, Chairman of Strategy, stated that due to various uncertainties, the company is not very interested in acquiring other Bitcoin treasury companies, but he did not completely rule out this possibility. During Strategy's third-quarter earnings call on Thursday, Saylor told investors, 'Overall, we have no plans to engage in mergers and acquisitions, even if they may seem value-enhancing on the surface.' He added, 'There is too much uncertainty, and such transactions typically take six to nine months or even a year to complete. What may seem like a good idea at first may no longer be suitable after six months.'
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Link: Michael Saylor: Strategy Not Very Interested in Acquiring Other Bitcoin Treasury Companies [Copy]
