MicroStrategy Chairman Michael Saylor maintains his stance on Bitcoin. Saylor, a staunch Bitcoin supporter, says that the leading cryptocurrency is a hope for Turkey. In addition, Saylor claims that BTC is better than gold despite its strong rise in recent days.
Michael Saylor: Bitcoin is a hope for Türkiye!
cryptokoin.comAs you follow from , the leading cryptocurrency has had a strong rally this year. During this period, it recorded a new ATH, exceeding 73 thousand dollars. Compared to the $15,000 it dropped during the bear market, this is a massive increase. In recent years, El Salvador has become the focus of criticism due to Bitcoin investment. However, El Salvador’s president, Nayib Bukele, is now enjoying it.
Michael Saylor, chairman of the board of MicroStrategy, which stands out with its Bitcoin investments, made an interesting statement. Saylor stated that Bitcoin is hope for Turkey due to the depreciation of the Turkish Lira. In his post on his social media account, Saylor drew attention to the constantly rising price of Bitcoin against the Turkish Lira. In this context, “Bitcoin is a hope for Türkiye.” Wrote.
Leading cryptocurrency is better investment than gold, according to Michael Saylor
MicroStrategy Chairman Michael Saylor made a bold statement asserting the superiority of Bitcoin, the first and largest cryptocurrency in terms of market capitalization. “Bitcoin is superior,” Saylor said in a tweet. Saylor’s claim came at a time when gold prices were rising
Meanwhile, gold prices have risen strongly in recent days. The shiny metal reached new heights during this period. This rise reflects market volatility and the metal’s ongoing appeal as a safe-haven asset. Michael Saylor’s claim came at just such a time.
Difference in approach between Peter Schiff and Michael Saylor
Gold bug Peter Schiff drew attention to the recent rise of gold in a new tweet. Bitcoin enemy Schiff stated that gold was traded at a new record level of $ 2,215. Schiff noted that gold prices have increased by more than 12% in the last year. He also stated that gold stocks fell by more than 4%.
Meanwhile, Saylor’s MicroStrategy continued to invest heavily in Bitcoin. MicroStrategy currently holds over 214,246 BTC. At the beginning of March, Saylor stated that Spot Bitcoin ETFs were spurring a decade-long institutional “gold rush” for Bitcoin. Thus, he reaffirmed his bullish outlook on the leading cryptocurrency.
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