Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin – Featured Bitcoin News

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Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin – Featured Bitcoin News
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The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. crypto cryptocurrency $BTC

Microstrategy CEO Michael Saylor tweeted Friday dispelling the rumor. He explained that as a regulated company under the U.S. Securities and Exchange Commission , Microstrategy is required to disclose any material changes in corporate strategy to shareholders via SEC filings.

In addition, the executive emphasized that SEC filings are public records that are “available to all.” He further noted that material changes include acquiring and holding bitcoin as well as making changes to crypto holdings.

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