MicroStrategy Founder Michael Saylor Launches Poll: At What Price Should Bitcoin Be Sold?

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• Michael Saylor is one of the biggest advocates for Bitcoin, and recently, he initiated a poll on social media to ask people when they might consider selling a portion of their Bitcoin.
• Among the four options provided by Saylor to potential participants, the most popular choice so far is ‘never until $1,000,000,’ garnering 36.3% of the votes.
• From the poll results so far, it appears that many individuals are willing to hold onto their Bitcoins until much higher prices are reached.

MicroStrategy’s President, Michael Saylor, initiated a poll asking people about their selling strategies for Bitcoin.

Michael Saylor Launches Poll on Bitcoin

Michael Saylor is a prominent advocate for Bitcoin and, recently, he initiated a poll on social media to ask people when they might consider selling a portion of their Bitcoin. Saylor is the President of MicroStrategy and is currently one of the largest institutional holders of Bitcoin.

He has always been a prominent figure on social media and has frequently participated in interviews as a sought-after guest to share his views on Bitcoin. However, this time, the billionaire wants to learn about others’ thoughts on Bitcoin and, specifically, when they might consider selling a small portion of their holdings.

Among the four options provided by Saylor to potential participants, the most popular choice so far is ‘never until $1,000,000,’ garnering 36.3% of the votes. The poll has 7 more hours to go. The post has been seen by 725,000 people, and over 117,000 of them have cast their votes. Selling at $100,000 is currently in second place with a 30.7% vote share, while $250,000 has 18.9%, and those choosing $500,000 rank third with a 14.1% share.

From the poll results so far, it seems that many people are willing to hold onto their Bitcoins until much higher prices are reached. Of course, with only a few options available, some may decide to sell before certain conditions if the market experiences a downturn.

MicroStrategy Keeps Buying More Bitcoin

It will be interesting to see Saylor’s views on the poll results. He has often mentioned that both he and MicroStrategy are only considering accumulating more Bitcoin. In this regard, MicroStrategy increased its holdings by acquiring more Bitcoin just last month, increasing its assets by $608 million with the price surge and acquiring a total of 16,139 Bitcoins.