#SaylorBTCPurchase Michael Saylor's Bitcoin theories and MicroStrategy's policies are quite prominent and influential. Here is a brief summary
Michael Saylor's Bitcoin theories:
1. Bitcoin as "Digital Gold":
They consider Bitcoin better compared to traditional gold because it:
Has a limited supply (21 million)
Is decentralized and global
Retains its value over time
2. Protection against inflation:
They believe that Bitcoin is a strong refuge against inflation, especially at a time when central banks worldwide are printing currency.
3. Long-term investment:
They consider Bitcoin as a "Buy and Hold" asset, meaning to buy and hold for the long term.
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MicroStrategy's policies:
1. Major Bitcoin purchases:
Since 2020, MicroStrategy has purchased over 200,000 Bitcoins, worth billions of dollars.
2. Bitcoin in corporate treasury:
They hold Bitcoin in their company's treasury instead of holding traditional assets like cash or bonds.
3. Market impact:
MicroStrategy's purchases have compelled several institutions to take an interest in Bitcoin, and they have also influenced Bitcoin prices.
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If you want, I can also summarize some famous quotes or interviews of Michael Saylor. Are you interested in that?