Michael Saylor Surprisingly Chooses Bitcoin (BTC) Over His Own Stocks – TradingView News

MicroStrategy Chairman Michael Saylor gave Bitcoin more recognition in a surprise statement at the Abundance Summit BTCUSD about the company's shares. In a thoughtful remark, Saylor expressed confidence in Bitcoin's continued presence over the “centuries” while explaining that he and his company are more ephemeral.

A video shared by Trey Sellers on .

MicroStrategy vs. direct Bitcoin investment

The participant claimed that he made five times more profit with MicroStrategy than with Bitcoin. Experts don't think this is surprising, considering that MicroStrategy has eclipsed e-commerce giant Amazon in terms of trading volume, according to recent data.

In response, Saylor advised potential investors to spend time thoroughly researching Bitcoin before investing in the digital asset. He recommended conducting at least 100 hours of research before making any investment decisions.

Saylor emphasized the importance of making informed decisions when it comes to investing in digital assets. He recommended intensive research to understand the optimal method for owning Bitcoin: self-custody, institutional custody, or through an exchange-traded fund (ETF).

This will of course spark debate in the broader cryptocurrency community as different people have their preferred entry point and preferences when it comes to the digital asset. Regardless of her opinion, Saylor’s unwavering confidence in Bitcoin as “the signal” remains unshakable even in the face of market volatility.

MicroStrategy's Bitcoin Restriction

Saylor compared Bitcoin to the rigorous process required to invest in MicroStrategy shares and highlighted the extensive pages of disclosures that potential investors must read. He also highlighted a practical barrier for certain investors, noting that in Nigeria, for example, individuals cannot hold MicroStrategy shares on their own.

Saylor then shifted the focus to MicroStrategy's broader mission, emphasizing the company's commitment to solving fundamental societal issues such as integrity, sovereignty, truth and hope through the adoption of a protocol. He also recognized MicroStrategy's status as a high-performance company.

Interestingly, the chairman of MicroStrategy revealed a unique restriction within his company, stating that investors are prohibited from buying Bitcoin directly. Saylor says they must instead invest in publicly traded operating companies in the company's portfolio.

But earlier this month, MicroStrategy bolstered its Bitcoin reserves by purchasing an additional 9,245 BTC worth around $623 million, funded by convertible note proceeds and excess cash from the digital asset company.

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