Strategy founder: The company is not interested in acquiring other Bitcoin treasury companies.
according to Cointelegraph, Strategy Chairman Michael Saylor stated during the third quarter earnings conference call that the company is not interested in acquiring other Bitcoin treasury companies because such transactions are filled with uncertainty.
Saylor said: "We generally do not have plans for mergers and acquisitions, even if it may seem value-added. These transactions have a lot of uncertainty and often take 6 to 9 months or a year, ideas that may seem good at the beginning may no longer be good after 6 months."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Riot Platforms repays $200M credit facility, releases collateral

NASDAQ TRADE HALT CONTINUES <LAWR.O> REASON NOT AVAILABLE AT 03:28 AM
NASDAQ TRADE HALT CONTINUES <UCFIW.O> REASON NOT AVAILABLE AT 03:28 AM
Circle Agent Marketplace Brings USDC Payments and Live Data Tools to Arc Blockchain
