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CryptoGlobe
2023-04-23 15:53:56

$BTC: MicroStrategy Co-Founder Advocates for Bitcoin Amid Argentina’s 100%+ Inflation Crisis

$BTC: MicroStrategy Co-Founder Advocates for Bitcoin Amid Argentina’s 100%+ Inflation Crisis

Michael Saylor, Co-Founder and Executive Chairman of business intelligence software company MicroStrategy Inc. (NASDAQ: MSTR), recently stressed the importance of Bitcoin for Argentinians amidst a financial crisis. In August 2020, MicroStrategy announced that it had invested in Bitcoin, purchasing 21,454 bitcoins for $250 million as a “primary treasury reserve asset.” Saylor said at the time:

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