TipRanks
2022-06-23 11:34:02

Saylor Calls Bitcoin a “Lifeboat” on Twitter

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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