Michael Saylor believes Bitcoin is the future money despite doubts on its store of value.

From Investing.com

August 11, 2024 12:00:23 PM:

Bitcoin (BTC) is gaining attention from investors, institutions, and big players like BlackRock and Franklin Templeton. Critics doubt its status as a store of value or “Gold 2.0” due to high volatility, considering it a speculative asset. However, Michael Saylor, CEO of MicroStrategy, believes BTC is the money of the future, emphasizing its strength in volatility. Saylor’s chart shows MicroStrategy’s stock skyrocketed 1,000% after adopting BTC, compared to only a 408% rise in BTC itself, highlighting Bitcoin’s vitality.

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