At the ICR Conference in Orlando, MicroStrategy founder Michael Saylor made significant statements about Bitcoin and advised companies to rethink their investment strategies.
Key Statements by Michael Saylor
At the ICR Conference in Orlando, Michael Saylor urged companies to buy Bitcoin, describing bonds as 'toxic.' He believes that Bitcoin is suitable for corporate investments.
Comparison of Bitcoin and Bonds Since 2020
Saylor compared the performance of Bitcoin and bonds since 2020. He stated that after MicroStrategy adopted the Bitcoin buying strategy, its value increased, while the value of bonds decreased.
Investment Recommendations for Businesses
Saylor outlined options for companies: continue traditional approaches such as buying U.S. Treasury bonds and conducting buybacks and dividends, or innovate by adding Bitcoin to their investment portfolios. He also criticized companies like Microsoft and Nvidia for not adopting the Bitcoin buying strategy.
Michael Saylor continues to promote Bitcoin as a more attractive investment compared to traditional financial instruments like bonds.