Bitcoin investing: Michael Saylor explains billion-dollar crypto bet

Bitcoin investing: Michael Saylor explains billion-dollar crypto bet

Michael Saylor is the main govt officer of business intelligence and application business MicroStrategy, which has plowed about $1 billion of its resources into bitcoin.
In a current “SALT Talks” job interview with SkyBridge founder Anthony Scaramucci, Saylor recounted how he went from a bitcoin skeptic to its “most critical proselytizer.”
Saylor also shared the eureka minute that changed his beliefs about bitcoin and laid out the hurdles that the electronic asset even now has to soar via to turn out to be the “newest institutional safe-haven asset.”
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It took the COVID-19 disaster for “a large tech enthusiast” like Michael Saylor to turn into significantly interested in bitcoin. 

Saylor, the main government of organization intelligence and application enterprise MicroStrategy (MSTR), elevated some eyebrows when he deployed $250 million of its stability sheet to invest in bitcoin in August previous yr. The purchase marked the initial time a publicly traded…

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