MicroStrategy co-founder Michael Saylor has elaborated on the rationale behind his company's commitment to a 'Bitcoin Strategy' since August 2020. In a recent CNBC interview, Saylor explained the strategic choice to integrate Bitcoin into MicroStrategy's balance sheet.
The discussion also highlighted Microsoft's shareholders' meeting, at which a vote will take place regarding the adoption of Bitcoin on Microsoft’s balance sheet. This reflects a potential wider adoption of Bitcoin by large corporations.
Saylor believes this move aligns with broader financial trends and the transformative potential of cryptocurrencies in corporate finance.