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Michael Saylor: Companies should turn to bitcoin because traditional bonds such as Treasuries are "poison"

Michael Saylor, co-founder and chairperson of MicroStrategy, told the ICR conference in Orlando that companies should turn to bitcoin investments because traditional bonds such as treasuries are "poison". He highlighted that bitcoin has outperformed bonds since the company began implementing its bitcoin investment strategy in 2020, and advised businesses to consider bitcoin as digital capital. Saylor revealed that MicroStrategy recently increased its holdings of Bitcoin for $243 million, which i...

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2025-01-14 00:35:01
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