MicroStrategy CEO: I’ll Be Buying Bitcoin At The Top Forever

Michael Saylor, co-founder, and CEO of MicroStrategy discussed whether his opinion on Bitcoin has changed recently during a recent appearance on Fox News. Saylor is a well-known Bitcoin proponent who believes the cryptocurrency is the ultimate haven and inflation hedge.

Bitcoin Has Increased by 229% in the Last Two Years

Saylor told Fox News anchor Tucker Carlson that since the pandemic began in 2020, the leading digital currency has grown by 229%, while the US money supply has increased by 36 percent, gold has risen by 7%, the S& P 500 has risen by 29 percent, and the Nasdaq 100 has risen by 19 percent. As a result, Saylor believes that Bitcoin is a haven if you can tolerate the volatility and have a long-term view.

“We’re Going to Buy More Bitcoin”

When asked about its current policy, Saylor indicated that MicroStrategy does not sell any of its BTC but rather buys more whenever money is available. Furthermore, the CEO stated that they intend to “purchase at the top forever.”

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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