Skip to Content
Michael Saylor Hold Bitcoin Do Not Lend It
Bitcoin News now admin /

In a recent interview at ETF Think Tank, Michael Saylor explained why his company purchases bitcoin directly, custody it themselves, and doesn’t lend it out. The CEO of software intelligence company MicroStrategy also said that people underestimate bitcoin and overestimate everything else in the blockchain and cryptocurrency industries.

Saylor is known for his clear-cut approach to bitcoin – buy and hold. However, considering the uprising of many platforms offering the opportunity to earn interest on BTC, he was asked why MicroStrategy hasn’t loaned out any of its bitcoin holdings, responding that the single-digit yield that can be gained is not worth the extra risk.