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The CEO of MicroStrategy has taken a firm stance on Bitcoin.

MicroStrategy

Michael Saylor, co-founder and CEO of MicroStrategy, discussed whether his opinion on Bitcoin has changed recently during a recent appearance on Fox News.

Saylor is a well-known Bitcoin proponent who believes the cryptocurrency is the ultimate safe haven and inflation hedge.

https://twitter.com/mcshane_writes/status/1530360240407203840?t=M4Ke1ixRZYPfaQaN1S-tNg&s=19

Bitcoin has increased by 229 percent in the last two years.

Saylor told Fox News anchor Tucker Carlson that since the pandemic began in 2020, the leading digital currency has grown by 229 percent, while the US money supply has increased by 36 percent, gold has increased by 7%, the S&P 500 has increased by 29 percent, and the Nasdaq 100 has increased by 19 percent.

As a result, Saylor believes that Bitcoin is a safe haven if you can tolerate the volatility and have a long-term view.

MicroStrategy Will Buy More

When asked about the company’s current policy, Saylor indicated that MicroStrategy does not sell any of its BTC. It rather buys more whenever money is available. Furthermore, the CEO stated that they intend to “purchase at the top forever.”

MicroStrategy, a maker of business analytics software, now has 129,218 Bitcoins worth $3,723,248,686 at the time of writing.

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