It's fair to say that MicroStrategy has taken a very different approach to Tesla when it comes to acquiring Bitcoin.
Michael Saylor has lashed out at Tesla for selling 75% of its Bitcoin.
The MicroStrategy CEO has long been one of the most bullish voices in the crypto space.
His company now owns approximately 130,000 BTC — and has vowed to "HODL through adversity" despite the value of this crypto falling by billions of dollars in recent months.
Indicating he's pretty exasperated about Elon Musk's decision to unlock liquidity for Tesla by offloading its crypto investment, Saylor wrote:
"If you sell 75% of your Bitcoin, you will only have 25% of your Bitcoin left."
It's fair to say that MicroStrategy has taken a very different approach to Tesla when it comes to acquiring Bitcoin.
The business intelligence firm has actively taken on additional levels of debt to ensure it can get its hands on even more cryptocurrency.
This has seen MicroStrategy sail close to the wind at times — and when BTC fell to $21,000 earlier this year, the company ended up facing a margin call on $205 million it had borrowed from Silvergate Bank, a loan backed by Bitcoin.
