Michael Saylor Explains Why Bitcoin is a Strong Long-Term Investment
Bitcoin is recovering from its recent losses earlier this week. Michael Saylor, executive chairman of MicroStrategy, shared his thoughts on Market Domination about the cryptocurrency's recent movement and his bullish outlook.
Saylor emphasized that Bitcoin is the only truly global capital market, operating even when all other markets are closed. He explained that its volatility is a necessary trade-off for creating instant global liquidity and credit availability. According to him, Bitcoin’s performance last week demonstrated its efficient functioning, which is crucial to its success.
Despite Bitcoin’s recent dip, Saylor views the volatility as a sign of strong energy. He believes that the future is digital, and there is a race to dominate cyberspace.
In his opinion, empires are built and defended by various forms of power, including digital power. Saylor sees Bitcoin as a representation of digital power and ownership of cyberspace, making it a valuable investment.
READ MORE:
Crypto Expert Predicts Massive Bull Run on the HorizonHe highlighted that Bitcoin has appreciated 55% annually over the past four years, compared to the SP 500’s 13% appreciation and a 5% depreciation in bonds.
Saylor also mentioned that MicroStrategy is continuously buying Bitcoin, regardless of market conditions. He expects Bitcoin to keep appreciating as a form of digital capital, reinforcing his belief in its long-term potential.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano Surges in Active Addresses Hitting 52,000, Is a Price Rally on the Horizon?
![](https://img.bitgetimg.com/multiLang/image/social/6294c0d1a9a759962fb32ebdcc5509ee1725970326516.jpg)
DOGS token sets memecoin record with 17M users on The Open Network
Nigeria to Crack Down on Unregulated Cryptocurrency Activities
![](https://img.bitgetimg.com/multiLang/image/social/2a1e7dcf48be206a63d3df769ffc10901725967445397.jpeg)
How to outperform Bitcoin — The ultimate benchmark of digital assets