• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Changelly
  • Price table

Crypto News PRO

From the world all news

  • Home
  • News

Bitcoin better investment opportunity than tech stocks

Written by:
Aeon Flux
Published on:
16 January 2021
Thoughts:
No comments yet

Titus

The US entrepreneur and CEO of the software manufacturer MicroStrategy, Michael Saylor, explained in a YouTube interview why Bitcoin offers him a better investment opportunity than shares in tech companies.

MicroStrategy CEO Michael Saylor sees Bitcoin as a better investment opportunity than tech companies. That is the quintessence of an interview that the crypto connoisseur gave recently. In it, Saylor says that it would make more sense to invest in the digital store of value than in stocks of tech giants like Facebook, Amazon, or Apple. He said exactly:

I’ve invested in everything, I was an early investor in Apple, Facebook, Amazon, Google, OpenTable, eBay, and PayPal. And I’ve made huge amounts of money. I’ve earned 10 times, 20 times my money back and let me tell you: none of them look as good as this one looks to me.

The American entrepreneur, with his software manufacturer MicroStrategy, is considered the first institutional investor in Bitcoin. In August 2020, the company announced that it would initially invest 250 million US dollars in the cryptocurrency. In December last year, the Virginia company invested twice in BTC. So they bought $ 400 million first. Then, at the end of the month, another 650 million. The US company has put more than a billion US dollars into the store of value.

In a YouTube interview with Anthony Pompliano published in September, the CEO revealed that he recognized early on that the value of conventional money was steadily declining.

The problem is, I have a ton of cash and watch it melt away.

He went on to say about Bitcoin investors who had earlier recognized this problem:

You are smarter than me, I’m not joking, I’m serious, you are smarter than me. They knew before me that cash is rubbish and that sitting on cash is a fool.

Michael Saylor is now one of the greatest proponents of Bitcoin.

Categories: Bitcoin, News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search in the news

Translate:

Earn up to 5% every 10 days with Aeon Flux Coins

Categories

  • Bitcoin (1,552)
  • Ethereum (980)
  • News (2,776)

Recent Posts

  • CMC100-Report 11/2021: Chiliz jumps to #33 17 March 2021
  • How to Invest in Space X? 17 March 2021
  • CryptoQuant Data Shows Ethereum Reserves On Exchanges At Historical Bottom 17 March 2021
  • Become a Bitcoin millionaire: 0.01 BTC is said to be enough to become rich in 10 years 17 March 2021
  • ETH Or ADA? Over 100 companies want to switch from Ethereum to Cardano 17 March 2021

Archives

  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020

© 2015-2020 Crypto News PRO
All Rights Reserved. Powered by IWG Agenzia Web