MicroStrategy's Michael Saylor Calls Bitcoin The 'Manhattan In Cyberspace,' Says It's An Asset You Could Expect To 'Last 1,000 Years'

Quick Summary:

Michael Saylor, executive chairman and co-founder of MicroStrategy (NASDAQ:MSTR), likened Bitcoin to “Manhattan in cyberspace,” describing it as a long-lasting asset in an interview on Wednesday.

What Happened: Saylor emphasized the unique nature of Bitcoin, highlighting its capped supply and its status as a global, digital commodity, in an interview with Barron's.

I'm putting my money in cyberspace, and I want to transform the capital from financial and physical to digital," Saylor said.

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Article Details

Author / Journalist: Rounak Jain

Category: Technology

Markets: United StatesMali

Topics: Michael Saylor Cryptocurrency Tech Benzinga neuro US5949724083 Benzinga News Markets Bitcoin MSTR

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 06:33:26 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 487 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Benzinga

News ID: 23963991

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