What Does Michael Saylor Think of Bitcoin Right Now?
— Microstrategy ceo highlighted, Vocal, Better investment, Sec, Price discovery, Three boom, Utilize, Michael, Balance, Lower price — 1 min read
Michael Saylor is the founder and CEO of business intelligence company MicroStrategy (MSTR -0.17%) He is also known for being one of Bitcoin's most vocal supporters. Saylor has officially bought the dip with hopes that these current price appreciation trends will continue. He believes certain forms of regulation from the U.S. government would be beneficial to solidifying Bitcoin. For those with a long time horizon, Saylor argues that there is no better investment than Bitcoin. The CEO highlighted that Bitcoin is up 51% on average over the last five years, and in the last two years, it has outperformed the Nasdaq ten times over. For Saylor, the recent pullback is purely an opportunity to buy at a lower price. Source