Saylor Calls Bitcoin a “Lifeboat” on Twitter
June 23 2022 - 07:34AM
TipRanks
Michael Saylor, Founder and CEO of MicroStrategy (MSTR), and an
outspoken believer in cryptocurrency, shared his latest interview
with CNN in a tweet, calling Bitcoin (BTC-USD) “a lifeboat, tossed
on a stormy sea, offering hope to anyone in the world that needs to
get off their sinking ship.” MicroStrategy is primarily a provider
of enterprise analytics and mobility software, and one of MSTR’s
main corporate strategies is to invest in Bitcoin and hold it for
the long term. MicroStrategy boasts of being the world’s largest
publicly traded corporate owner of bitcoin. As of May 7, MSTR held
around 129,218 bitcoins, and at the current price, it is worth
about $2.
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