MicroStrategy CEO Michael Saylor: ‘BTC Will Be a $120K Market Cap Asset’ Cryptocurrency NEWS 2022

Occasion Info –

SPEAKER: Michael J. Saylor
Chairman and CEO, MicroStrategy

MicroStrategy is the biggest corporate owner of , now holding 121,044 worth about $3.6 billion at a typical purchase rate of approximately $29,534 each. CEO Michael Saylor shares insights into his vision and purchasing method for , going over the possible impact of inflation and policy. "I believe eventually, bitcoin as an asset class ends up being a $100 trillion possession class," Saylor said. "It replaces gold … bond portfolios … why can't it grow by a factor of 100?"

In August 2020, MicroStrategy commenced with the bold defensive relocate to invest considerable treasury possessions in Bitcoin in response to inflationary pressures. Ever since, MS has tactically improved their holdings to end up being the largest corporate owner of Bitcoin and just last week announced an additional $ 414 million purchase.

https://www.youtube.com/watch?v=Ym4V8xtjNpE

You May Also Like

About the Author: Yvette Cook

Leave a Reply

Your email address will not be published. Required fields are marked *