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Bitcoin Offers A Strategy to Preserve Capital: MicroStrategy CEO

Published 11/05/2023, 04:59 PM
Updated 11/05/2023, 05:15 PM
© Reuters.  Bitcoin Offers A Strategy to Preserve Capital: MicroStrategy CEO
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  • According to Michael Saylor, Bitcoin offers an innovative strategy to preserve capital.
  • Saylor thinks corporations can leverage their balance sheets using Bitcoin.
  • Bitcoin provides an escape from the destructive cycle of expensive acquisitions, buy-backs, dividends, and debt.

According to Michael Saylor, CEO of MicroStrategy, Bitcoin offers corporations an innovative strategy to preserve their capital and create shareholder value. He noted that the corporations can do so by leveraging their balance sheets with BTC and providing an escape from the destructive cycle of expensive acquisitions, buy-backs, dividends, and debt.

Saylor made the statement in a recent post on X (formerly Twitter), where he shared a clip of a discussion on the CNBC show, Squawk On The Street. During the show, Saylor stated that the developing crypto regulation …

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