There are few individuals who can declare to be greater followers of Bitcoin (CRYPTO: BTC) than Michael Saylor. The CEO of MicroStrategy (NASDAQ: MSTR) has develop into what may solely be described as a Bitcoin evangelist.
During the last 4 years his firm has launched into a method of changing all its money readily available with Bitcoin, and in some cases even taking over debt to purchase extra Bitcoin. At this time, MicroStrategy owns round 1% of the entire Bitcoin provide.
To some it could appear absurd to do such a factor, but when all goes to plan, Saylor’s choice to pursue the Bitcoin technique may make him and his firm billions — particularly if Bitcoin hits his current prediction of $8 million per coin, a 12,000% improve from its present value. This is how, and why, Saylor thinks the world’s cryptocurrency can sustain its historic tempo.
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