Microstrategy (NASDAQ:MSTR) CEO Michael Saylor said he will hold his company’s Bitcoin (BTC) for 100 years, and has no intention of selling it.
On Aug 11, the business intelligence firm announced it had purchase of 21,454 BTC for $250 million. This investment is now worth more than $278 million, representing an 11% increase in two months. The firm has purchased more Bitcoin since.