Strategy founder: The company is not interested in acquiring other Bitcoin treasury companies
Jinse Finance reported, citing Cointelegraph, that Strategy Chairman Michael Saylor stated during the third-quarter earnings call that the company is not interested in acquiring other bitcoin treasury companies, as such transactions are full of uncertainties. Saylor said: "We generally do not have plans for mergers and acquisitions, even if they may seem value-adding. These types of transactions involve a lot of uncertainty and often take 6 to 9 months or even a year. What seems like a good idea at the beginning may no longer be a good idea after six 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
All three major U.S. stock indexes closed lower.
The US Dollar Index fell by 0.34%, closing at 99.156.
Kashkari: Does not support last month's rate cut, remains cautious about the December decision
The US Dollar Index (DXY) falls below 99, marking its first time since October 30.
