Business
Michael Saylor claims the company will hold Bitcoin for ‘100 years’ – Cointelegraph
Microstrategy CEO Michael Saylor explained that he isn’t going to sell Bitcoin for 100 years, asking “what am I going to buy with it?”
Microstrategy CEO Michael Saylor said he will hold his companys Bitcoin (BTC) for 100 years, and has no intention of selling it.
On Aug. 11, the business intelligence firm announced it had purchased 21,454 BTC for $250 million. This investment is now worth more than $278 million, representing an 11% increase in two months, and has purchased more Bitcoin since.
In a new interview with Real Vision CEO Raoul Pal, Saylor said the decision to invest $250 million was informed by a discussion between…
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