MicroStrategy’s Michael Saylor On Bitcoin (BTC) Price: Now Is the “Ideal Entry Point” for Investors

self.Bitcoin6d ago
During an interview on CNBC’s Squawk on the Street, Michael Saylor, the founder and CEO of MicroStrategy, answered questions about the current crypto market condition with his company and the mammoth amount of Bitcoin (BTC) it has accrued since August 2020. According to Saylor, since the time his company started investing in Bitcoin, it has performed 10x better than any other asset, including S&P 500, gold, and Nasdaq 100 index. He said since August 2020, gold is down 10%, Nasdaq is flat, but Bitcoin is up 86%. Read Also: MicroStrategy CEO Michael Saylor: “I Will Be Buying Bitcoin (BTC) At the Top Forever” CNBC’s Squawk on the Street tweeted, “Microstrategy CEO Saylor says now is a great buying opportunity for Bitcoin, calling it an “ideal entry point.”