Then MicroStrategy has continued to accumulate Bitcoin and its CEO has become one of Bitcoin’s most vocal advocates

On Friday (May 27), Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed enterprise intelligence agency MicroStrategy Inc. (NASDAQ: MSTR), shared his modern-day mind on Bitcoin.

It is really worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase fee of $250 million” to apply as a “primary treasury reserve asset.”

Saylor stated on the time:

“Our selection to put money into Bitcoin right now turned into driven in part by means of a confluence of macro factors affecting the economic and enterprise landscape that we consider is creating long-term dangers for our company treasury program ― dangers that ought to be addressed proactively.“

Since then MicroStrategy has persevered to build up Bitcoin and its CEO has end up considered one of Bitcoin’s most vocal advocates. MicroStrategy’s state-of-the-art $BTC purchase, which Saylor tweeted about on April 5, approach that the company is now HODLing around 129,218 bitcoins, which were “obtained for ~$three.97 billion at an average charge of ~$30,seven hundred in step with bitcoin.”

MacroStrategy has purchased an additional 4,167 bitcoins for ~$one hundred ninety.5 million at a median price of ~$forty five,714 according to #bitcoin. As of 4/4/22 MicroStrategy #hodls ~129,218 bitcoins received for ~$3.Ninety seven billion at a mean fee of ~$30,700 in line with bitcoin.

Yesterday, yet again, the MicroStrategy CEO showed that he remains as bullish as ever on Bitcoin in spite of the cutting-edge undergo marketplace. His feedback had been made during an interview on Fox News show “Tucker Carlson Tonight”.

“Bitcoin is the most certain aspect in a very unsure international. In a market full of chaos and sound and fury, human beings want a secure region to stand other than the intervention of a government, an employer, or organization.

“So, Bitcoin represents a fair, open, equitable community with a very easy promise to all of us that desires to be part of, that is what you own is yours and nobody’s going to take it away from you…

“In these markets proper now, there’s no easy vicinity to cover. All the indexes are in undergo market territory. Bonds don’t constitute a safe refuse because they’re currency derivatives. Stocks should develop their coins flows faster than the inflation fee.

“But if you zoom out, years for the reason that the beginning of the covet crisis, you observe the US money deliver expanded 36%. Gold is up 7%. The S&P index is up 29%. The Nasdaq best up 19%. Bitcoin is up 229%. So, if you could stomach the volatility, you're taking the long view, you’ve were given a safe haven there…