Michael Sayer Determined to Continue Buying Bitcoin
content
- Bitcoin is up 229% in the last 2 years
- “We are buying more bitcoins”
During his recent appearance on Fox News, MicroStrategy’s co-founder and CEO, Michael Sayer, shared whether his views on bitcoin have changed recently.
Saylor is a well-known bitcoin campaigner who believes that BTC is the ultimate safe haven and inflation hedge.
“I’ll buy on top forever.” – MicroStrategy CEO on #bitcoin
— McShane (@mcshane_writes) 28 May 2022
pic.twitter.com/bRNguLeBjP
Bitcoin is up 229% in the last 2 years
Responding to questions from Fox News anchor Tucker Carlson, Sayer shared that since 2020, when the pandemic broke out, the major digital currency has demonstrated an astonishing 229 percent growth, while the US money supply has grown by 36 percent. There has been an increase, the gold is gone. 7 per cent, the S&P 500 29 per cent and the Nasdaq 100 gained 19 per cent.
Therefore, Seller is certain that bitcoin is a safe haven if you are able to handle volatility and take a long-term view.
advertisement
“We are buying more bitcoins”
When asked about the company’s current strategy, Sailor said that Microstrategy is not selling any of their BTC, but they are buying more of it whenever there is any spare cash. In addition, the CEO said they plan to be “on-the-top forever.”
As of April 5, business intelligence software maker Microstrategy holds 129,218 bitcoins worth $3,723,248,686 at the time of writing.
