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MicroStrategy CEO Says Bitcoin Could Save Fortune 500 Companies Billions of Dollars

Amy Liu

Summary: MicroStrategy CEO and Bitcoin bull Michael Saylor says buying Bitcoin could save Tesla and other Fortune 500 companies billions of dollars. MicroStrategy aims to own over $1 billion worth of Bitcoin and he suggests that other companies with billions in cash reserves follow their lead. In an interview with HyperChange, Saylor warns that companies like ...

MicroStrategy CEO and Bitcoin bull Michael Saylor says buying Bitcoin could save Tesla and other Fortune 500 companies billions of dollars. MicroStrategy aims to own over $1 billion worth of Bitcoin and he suggests that other companies with billions in cash reserves follow their lead. In an interview with HyperChange, Saylor warns that companies like Tesla with billions of dollars in cash reserves should be racing to buy Bitcoin. If they don’t, they stand to lose half that spending power in the next three years.

By Amy Liu

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