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Michael Saylor: Strategy Not Very Interested in Acquiring Other Bitcoin Treasury Companies
BlockBeats News, October 31st, according to a report by Cointelegraph, Strategy Chairman Michael Saylor stated that due to a high level of uncertainty, the company is not very interested in acquiring other Bitcoin treasury companies, but he did not completely rule out this possibility.
During Thursday's Strategy third-quarter earnings call, Michael Saylor told investors: "Overall, we do not have plans to engage in mergers and acquisitions, even if they may seem value-enhancing at first glance."
He added: "There is too much uncertainty, and such transactions typically take six to nine months or even a year to complete. What may seem like a good idea at the outset may no longer be suitable six months later."
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