Strategic Bitcoin Reserve Has Precedent in Other Big U.S. Government Purchases: Michael Saylor
Michael Saylor says the US should and will build a reserve of bitcoin and explains why it is the greatest deal of the 21st century.
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Michael Saylor says the US should and will build a reserve of bitcoin and explains why it is the greatest deal of the 21st century.
Bitcoin has significant upside potential this month thanks to two big catalysts and Michael Saylor’s MicroStrategy (MSTR) stock could surge, too, on its way toward getting “meaningfully higher” by the end of the year, TD Cowen analyst Lance Vitanza said in a note Monday.
Michael Saylor doesn’t plan to sell any of MicroStrategy’ (MSTR)s bitcoin (BTC) anytime soon, or potentially ever, he said in an interview with Bloomberg TV on Tuesday.
Saylor said in an earlier earnings call that he will use the proceedings to meet personal obligations and buy additional bitcoin to his personal account.