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Michael Saylor faced obstacles before he successfully added Bitcoin to MicroStrategy’s balance sheet in 2020.
Speaking at the 2024 Abundance360 Summit this week, Saylor revealed how he offered to buy out MicroStrategy shareholders in a Dutch action when they moved to first acquire $250 million worth of Bitcoin.
The comments come after Saylor and his company announced earlier this week that they had purchased approximately 9,245 bitcoins for around $623 million. This latest acquisition brings MicroStrategy’s total holdings to about 214,246 BTC.
In a video clip from the conference, Saylor explained how he offered MicroStrategy shareholders the option to tender their shares back to the…
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