Michael Saylor advocates for buying Bitcoin, leading to huge profits for MicroStrategy

From Investing.com

October 13, 2024 2:00:19 pm:

Michael Saylor, CEO of MicroStrategy, emphasizes the importance of having a strategy to win in the crypto market. He advocates for buying Bitcoin, as evidenced by MicroStrategy’s 1,620% stock increase since adopting the strategy in August 2020. The company now holds 252,220 BTC worth $5.85 billion in unrealized profits.

Saylor’s bullish views on Bitcoin are supported by MicroStrategy’s successful performance, with MSTR outperforming Nvidia by 513%. Despite market fluctuations, the company continues buying Bitcoin, accumulating huge profits and proving the effectiveness of their strategy. Being prepared for tough times seems to be a key element of Saylor’s approach in the volatile crypto market.

Read more at Investing.com: Michael Saylor Delivers Impressive Bitcoin Strategy Insight By U.Today