Michael Saylor Reveals Major Reason Behind MicroStrategy’s ‘Bitcoin Strategy’

Quick Summary:

MicroStrategy co-founder Michael Saylor has revealed why his company has adopted a ‘Bitcoin Strategy’ since August 2020.

The tech entrepreneur also discussed Microsoft’s upcoming shareholders’ meeting, where they will vote on whether to adopt Bitcoin on their balance sheet.

While discussing how they profit from this strategy, Saylor highlighted how the flagship crypto has outperformed other commodities like gold and silver.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: India

Topics: Company 24/7 Cryptocurrency News Michael Saylor Bitcoin News Bitcoin Microstrategy MicroStrategy Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 17:24:33 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 487 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24097312

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Main Topics: Crypto

Official Website: coingape.com

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