MicroStrategy CEO On Buying Bitcoin While Trillions ‘Melting’ In Treasuries

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MicroStrategy CEO On Buying Bitcoin While Trillions ‘Melting’ In Treasuries

Michael Saylor, the co-founder of MicroStrategy, an American software company that famously used its balance sheet to buy over USD 400 million worth of bitcoin (BTC), said that his firm’s investment was “not a bet” – and claimed that big-business players may turn to crypto out of a “fiduciary obligation” not to allow cash holdings dwindle away while fiat  Read more »
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