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Benzinga
Benzinga
Business
Adam Eckert

Exiting MicroStrategy CEO Michael Saylor Is 'Full Speed Ahead' When It Comes To Bitcoin, Despite $1B Loss

Michael Saylor MicroStrategy Bitcoin Nasdaq MicroStrategy Inc MSTR CNBC

MicroStrategy Inc. (NASDAQ:MSTR) announced a CEO transition after the company posted a $1 billion loss on Tuesday night. Although founder Michael Saylor is exiting his role as CEO, the company's Bitcoin (CRYPTO: BTC) approach remains in place.

"Our officers and our directors are unanimously committed to the Bitcoin strategy," Saylor said Wednesday on CNBC's "Squawk On The Street."

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