Michael Saylor, CEO of software company MicroStrategy, said that after the rise in the dollar rate today, “Bitcoin is hope for Turkey.” made a statement.
Dollar/Turkish lira on Thursday, when the Central Bank of the Republic of Turkey cut the policy rate by 200 basis points. to 9.48 level rose up.
As a result of the survey in which 17 private sector institutions participated. reduction to 17.50% expected policy rate, after the relevant decision to 16% landed.
In its balance sheet as of September to 114,042 bitcoins Michael Saylor, CEO of MicroStrategy, said that after the Turkish lira depreciated against the dollar, bitcoin’s value for Turkey hope He said it could be.
MicroStrategy, which has invested in bitcoin in various periods, the first of which was in August 2020, to buy 114,042 bitcoins, with an average unit price of $ 27,713. $3.16 billion it cost. BTC/USD at the time of writing over $64,000 is being traded.
Saylor, in an interview given this week, stated that the Central Bank of the Republic of Turkey $5 billion bitcoin that this investment can be purchased five years from now. “50 billion dollars” He said it could be worth it.
The Turkish lira has decreased its value against the dollar since the beginning of this year. more than 20% lost.