Michael Saylor Reacts To Bitcoin Dipping Below $50k; Says ‘Bitcoin Volatility is a Feature, Not a Bug’
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Michael Saylor, MicroStrategy's executive chair and co-founder, discussed the recent dip in Bitcoin price below $50,000 during an interview with Bloomberg Television. He stated that Bitcoin's volatility is a feature that contributes to its long-term superiority in capital management. MicroStrategy, despite the dip, continued to show confidence in Bitcoin's potential by purchasing an additional 169 Bitcoins for just over $11 million in July. Saylor's viewpoint underscores the resilience and long-term value proposition of Bitcoin amid market fluctuations.
Bron: coinpedia.org ↗
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