I will forever buy Bitcoin at the top: CEO of MicroStrategy
Michael Saylor Is Determined To Keep Buying Bitcoin
During his recent appearance at Fox News, MicroStrategy co-founder and chief executive Michael Saylor shared whether his view of Bitcoin has changed recently.
Saylor is a renowned Bitcoin evangelist, who believes that BTC is an ultimate safe haven and inflation hedge.
— McShane (@mcshane_writes) May 28, 2022
Bitcoin is up 229% in the past 2 years
In response to questions from Fox News host Tucker Carlson, Saylor shared that since 2020, when the pandemic broke out, the leading digital currency has seen a staggering 229 percent growth, while the U.S. money supply has increased by 36 percent, gold has disappeared a up 7 percent, the S&P 500 up 29 percent and the Nasdaq 100 up 19 percent.
Therefore, Saylor is confident that if you are able to handle the volatility and have a long-term view, Bitcoin is a safe haven.
“We are buying more Bitcoin”
When asked about the company’s current strategy, Saylor stated that MicroStrategy doesn’t sell any of its BTC, but they buy more when there is money left. In addition, the CEO added that they plan to “buy at the top forever”.
As of April 5, business intelligence software maker MicroStrategy holds 129,218 Bitcoins worth $3,723,248,686 at the time of writing.