In a recent interview on CNBC’s 'Squawk Box,' Michael Saylor, the executive chairman of MicroStrategy, shared insights into the company’s bold Bitcoin investment strategy. MicroStrategy has been aggressively buying Bitcoin since August 2020.
Saylor revealed that the firm has invested approximately $8.3 billion in Bitcoin. This investment has significantly reshaped MicroStrategy's business model, demonstrating the company's commitment to cryptocurrency as a central part of its financial strategy.
The discussion highlighted the impact of their Bitcoin holdings on the firm's growth and future prospects, underlining Saylor's bullish stance on Bitcoin compared to traditional assets like gold.
