MicroStrategy Inc MSTR CEO and Bitcoin BTC/USD bull Michael Saylor stays optimistic about the way forward for BTC, even within the midst of a significant cryptocurrency market crash in 2022.
He not too long ago reaffirmed his confidence within the apex crypto, saying, “We’re in right here for the long run. Bitcoin goes to survive all of us.”
In an unique upcoming interview with Benzinga, Saylor will likely be speaking about Bitcoin, the general crypto market and way more. He’ll be interviewed on Monday, June 27 at 10 a.m. EST, on Benzinga Live by hosts Chris Katje and Mitch Hotch.
Saylor compares the present crypto market situation with the early days of the oil and automobile industries. He informed CNN that greater than 100 years in the past, there have been many oil and automobile corporations launching their ventures, however most failed.
MicroStrategy, which holds over 129,000 Bitcoin, has seen a paper lack of over $1 billion with the current Bitcoin plunge. However Saylor stays affirmative concerning the coin and stated, “we’re witnessing the delivery of a brand new business.”
“We’re in right here for the lengthy haul. It is incorruptible, indestructible, programmable, it lasts endlessly,” he stated.
Saylor has been a vocal proponent of the crypto coin and its potential. Earlier, he mentioned that compliant custodial companies that present entry to Bitcoin would doubtless earn essentially the most from crypto within the subsequent decade.
He has additionally said that MicroStrategy might put its Bitcoin into some type of partnership with a giant tech firm or financial institution. “You possibly can consider that as placing a lien on it,” Saylor stated.
MicroStrategy’s whole funding in Bitcoin exceeds $4 billion, having consolidated 129,219 Bitcoin at a median value of $30,700.
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Picture: Created with a picture from michael.com
