Why is Microstrategy bullish on bitcoin

  • MicroStrategy believes that the U.S. dollar is in decline and bitcoin is a more reliable store of value.
  • MicroStrategy also sees bitcoin as a hedge against inflation and a potential safe haven asset.
  • The company has invested a significant amount of its treasury reserves into bitcoin to preserve its value.
  • MicroStrategy CEO, Michael Saylor, is a vocal bitcoin proponent and has stated that he plans to continue buying bitcoin as a long-term investment.
  • Saylor sees bitcoin as the future of money and believes it will eventually replace fiat currencies as the dominant form of global currency.

Leave a comment