Bitcoin

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.

MicroStrategy CEO

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.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Missed the AAVE Bullish Ride? This New Presale Can Turn Your Thousands into Millions

While Aave finds itself in uncertain territory, a fresh face in the crypto scene, Qubetics…

37 mins ago

Dogecoin Price Forecast: Analysts Push For $0.2288 DOGE While This Ethereum Altcoin Eyes 8,000% Gains In The Next 16 Days

Analysts push for a Dogecoin price surge to its $0.2288 yearly high while ETFSwap (ETFS)…

52 mins ago

Below $1 Swift Altcoin Competitor Could Overshadow XRP Price Potential Election Rally 

Discover the promising altcoin under $1 that may outperform XRP amid election volatility and market…

52 mins ago

Polkadot and SP Negócios Collaborate to Enhance Crypto Economy Development

Campinas, Brazil, 5th November 2024, Chainwire

1 hour ago

Terra Shuttle Bridge Has Now Been Disabled

Terra Shuttle Bridge has now been closed, and all remaining LUNC and USTC tokens have…

3 hours ago

FLOKI Announces Dubai Takeover with WAFI Mall Campaign

Miami, Florida, 5th November 2024, Chainwire

4 hours ago

This website uses cookies.