PANews reported on October 31 that, according to Cointelegraph, Strategy Chairman Michael Saylor stated that while he hasn't completely ruled out the possibility of acquiring other Bitcoin asset reserve companies, the company is not interested in this due to the inherent uncertainty. Saylor stated during the company's third-quarter earnings call: "Generally speaking, we don't have any plans to engage in mergers and acquisitions, even if such activities seem to offer added value. There's just too much uncertainty involved, and these things often last six to nine months or even a year. What seems like a good idea at first might not be a good idea six months later."