Reported 1 day ago
Michael Saylor, co-founder and Chairman of MicroStrategy, urged companies to shift investments from 'toxic' bonds to Bitcoin during his keynote speech at the ICR Conference. He highlighted that Bitcoin has appreciated in value since MicroStrategy adopted its Bitcoin strategy, while bonds have declined. Saylor criticized companies like Microsoft for not investing in Bitcoin, asserting that every firm faces a choice between traditional finance and embracing digital capital. MicroStrategy, which recently bought $243 million in Bitcoin, currently holds over 2% of all existing Bitcoin.
Source: YAHOO