Michael Saylor, CEO of MicroStrategy, is one of the great defenders of Bitcoin and one of the most beloved figures in the cryptocurrency market. He and his company are believed to be responsible for some of the digital currency’s rise. A couple of days ago, on Twitter, Saylor talked about his investment again, showing that he remains very positive about Bitcoin.
In a joke on Twitter, Bitfinex, one of the leading cryptocurrency exchanges in the industry, asked its followers “if you had $100 million and could invest in just three cryptocurrencies, what would they be?”.
If you had $100M and can only invest in three tokens, which would they be? 🌚
— Bitfinex (@bitfinex) June 2, 2022
Among the many responses from exchange clients, one of them caught my attention, Michael Saylor said that if he had $100 million, he would invest in three cryptocurrencies: bitcoin, bitcoin Y Bitcoin.
As you can see, Saylor remains confident in Bitcoin, even with the sideways movement of the cryptocurrency in recent months.
This is not the only sign that Saylor is positive about Bitcoin, he recently went so far as to state that he will not sell any of his digital assets and that he even sees the coin recovering value in the future.
“MicroStrategy has a term loan of $205 million and needs to hold $410 million as collateral. $MSTR has 115,109 BTC to pledge. If the price of #BTC falls below $3,562, the company can offer more guarantees. See slides 11 and 12 in the Q1 2022 presentation. #HODL”.
MicroStrategy has a $205M term loan and needs to maintain $410M as collateral. $MSTR has 115,109 BTC that it can pledge. If the price of #BTC falls below $3,562 the company could post some other collateral. See slides 11-12 in Q1 2022 presentation. #HODLhttps://t.co/9WHsIB6Usx
— Michael Saylor⚡️ (@saylor) May 10, 2022
In a recent interview with Yahoo Finances, Saylor also talked about being in “Bitcoin for the long term”, indicating that he is not worried about what is going on at the moment and is looking forward to a potential cyclical recovery for the coin in the medium to long term. long-term.
“I expect Bitcoin to reach the millions. So we are very patient. We think it’s the future of money,” Saylor said in an interview..
As one of the top institutional investors in the Bitcoin market, your positivity is considerably important for bearish moments.
If Saylor proves to give up crypto, surely the level of FUD this would generate would be catastrophic.
However, it seems that he really is a great ally of Bitcoin these days and seems to have a lot of confidence in the digital currency.
Even with a sideways move, this is a common sentiment among investors, at least those who have been in the market long enough to remember its cyclical moves.