Michael Saylor, CEO of MicroStrategy, which is frequently on the agenda with Bitcoin purchases, started today.At the Bitcoin 2022 Conference” spoke.
from Bloomberg Intelligence analysts James Seyffart speaking with Bitcoin bull Saylor MicroStrategy’s gold replacement Bitcoin (BTC) He said he didn’t regret the choice.
In his tweet, Seyffart quoted a section from Saylor’s speech and suggested that MicroStrategy is a substitute for Bitcoin. gold He said that if he had chosen the standard, there would have been a marked difference in the current state of the company.
According to Saylor, if MicroStrategy had chosen gold, the company’s shareholders would have missed out on $4 or $5 million in profits.
“If I had chosen to buy gold instead of bitcoin, we would probably have around $250 million in gold. As a result, our shareholders would have missed out on $4 or $5 billion in profits.”
The famous CEO also stated that he does not think that cryptocurrencies are against the US dollar.
As the reason for this of bitcoin It showed that it is more like property than money, and that the dollar remains the best currency to have in any country in the world.
MicroStrategy’s Bitcoin Purchases!
MicroStrategy, which has become the largest institutional investor in Bitcoin, in 2020 Bitcoin (BTC) He has been accumulating BTC since he started buying.
In this context, the company recently announced that it has received 4167 Bitcoins for 190 million dollars in cash. The CEO of the company, Michael Saylor, always says that they will continue to buy Bitcoin forever.