Michael Saylor has said that all $400 meg of business intelligence business firm MicroStrategy'south Bitcoin reserve holdings could be liquidated at any time.

In a Sept. 22 interview, Saylor told Bloomberg that although "volatility isn't actually a reason to sell," he would not hesitate to dump MicroStrategy's 38,250 Bitcoin (BTC) at a moment'due south observe if an alternative asset's yields were to jump.

Though MicroStrategy acquired Bitcoin in a advisedly orchestrated series of 78,338 separate off-chain transactions, the CEO said offloading them would be much simpler.

"We tin liquidate it any day of the week, any hour of the twenty-four hour period," Saylor said. "If I needed to liquidate $200 million of Bitcoin, I believe I could do it on a Saturday."

There is, however, no reason to think that Saylor intends to sell the visitor's newly caused Bitcoin anytime before long, particularly with the CEO estimating that and then-called nugget aggrandizement will surge to more than than 20% a twelvemonth, eroding purchasing power. "We feel pretty confident that Bitcoin is less risky than holding cash, less risky than holding gold," he said.

MicroStrategy announced on Aug. 11 that information technology had purchased 21,454 BTC for $250 million, adopting the cryptocurrency as its master reserve asset. Following the initial investment, the firm bought an additional xvi,796 Bitcoin for $175 1000000.

Its total holdings are now valued at roughly $401.5 one thousand thousand with the crypto asset'due south contempo six% drop, meaning a negative 3.2% return after six weeks. Notwithstanding, Bitcoin in general has been on the rise in 2022, up from the $7,000s in January to testing the $11,000 bulwark in September.

Though initially claiming "Bitcoin's days are numbered" in 2022, Saylor has since become a major advocate for crypto, fifty-fifty seemingly embracing a Bitcoin maximalist mindset in a Sept. 20 tweet by calling BTC one of the few "crypto-asset networks." In his Bloomberg interview, he predicted  that other companies would probable invest in Bitcoin within six months.