MicroStrategy CEO Explains Why Bitcoin Is ‘a Million Times Better’ Than ‘Antiquated’ Gold

MicroStrategy’s headline-grabbing bitcoin bet was a rational response to a macroeconomy in chaos, said Chief Executive Michael Saylor.

Appearing Tuesday at CoinDesk’s Bitcoin for Advisors virtual conference, Saylor shed new light on one of this year’s biggest cryptocurrency stories: his software company’s recent purchases of $425 million in bitcoin

That surprise September move by Nasdaq-listed MicroStrategy marked one of the first – and largest – embraces of bitcoin by a…


Source link

About bitcoin

Check Also

Why Bitcoin price just hit $19,000 for the first time in 3 years

The price of Bitcoin (BTC) hit $19,000 on Nov. 24 for the first time since …

Leave a Reply

Your email address will not be published.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