Michael Saylor Says His Bitcoin Strategy Is Simple: ‘Just Keep Buying BTC With Your Spare Capital’
Bitcoin’s (CRYPTO: BTC) value has reached an unprecedented milestone, crossing the $100,000 mark. This has prompted Michael Saylor, executive chairman of MicroStrategy Inc. (NASDAQ:MSTR), to reiterate his bullish stance on the cryptocurrency.
What Happened: Saylor emphasized the simplicity of investing in Bitcoin, discussing the cryptocurrency’s ascent and MicroStrategy’s ongoing investment strategy in an interview with Yahoo Finance.
Saylor stated, “Every day for the past four years, I’ve said buy Bitcoin, don’t sell the Bitcoin.”
He explained his straightforward approach, “Just keep Buying Bitcoin with your spare capital. It’s going to appreciate against the dollar forever.”
He advised considering Bitcoin as a long-term asset, suggesting that investors should average their Bitcoin purchase price quarterly.
Saylor believes Bitcoin should be part of a …
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