Michael Saylor, Executive Chairman ofStrategy (formerly MicroStrategy), has dismissed concerns that the firm holds too muchBitcoin. Saylor argued that owning 3% to 7% of the total Bitcoin supply is not excessive. He called it a balanced position that allows other institutions and individuals to participate.

Michael Saylor, Executive Chairman ofStrategy (formerly MicroStrategy), has dismissed concerns that the firm holds too muchBitcoin. Saylor argued that owning 3% to 7% of the total Bitcoin supply is not excessive. He called it a balanced position that allows other institutions and individuals to participate.

Source: https://cryptoslate.com/michael-saylor-says-owning-628k-btc-and-7-of-supply-isnt-too-much-as-160-firms-pile-in/