Bitcoin Hodler Saylor Says MicroStrategy Will Never Sell Stash

Even after Bitcoin’s recent 40% slide, Michael Saylor says he’ll never back down on pushing MicroStrategy Inc.’s multibillion bet on the world’s largest cryptocurrency.

The enterprise software company’s growing pile of Bitcoin has effectively made its shares a proxy for the digital asset. Yet, its founder and chief executive officer remains sanguine when asked if he is tempted to sell in the face of what could be an extended bear market.

Michael Saylor

Photographer: Eva Marie Uzcategui/Bloomberg

“Never. No. We’re not sellers,” the 56 year old told Emily Chang on Bloomberg Studio 1.0, heeding to the popular hodl, or hold on for dear life, mantra. …