Tuesday, June 25, 2024

The head of MicroStrategy advised Mike Tyson to invest in bitcoin

Michael Sailor responded on Twitter to an ex-boxer who asked his followers what they prefer: the first cryptocurrency (bitcoin) or Ethereum.

MicroStrategy CEO Michael Sailor advised Mike Tyson to invest in bitcoin. So the head of the company commented on the post of the ex-boxer on Twitter, in which he asked his subscribers what they prefer: Bitcoin or Ethereum.

Sailor explained that he spent “over a thousand hours” thinking about this question and ended up choosing Bitcoin.

The CEO of MicroStrategy added that he bought bitcoin for $ 2.9 billion because he sees the coin as the future of digital property.

MicroStrategy is the largest cryptocurrency holder among companies whose shares are traded on the stock market.

The company last bought 13,000 bitcoin for about $ 489 million on June 21. MicroStrategy currently owns 105,000 digital coins.

Read More***Why MicroStrategy spends billions on bitcoin?

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