news 
Title: Michael Saylor, Elon Musk’s Bitcoin 2020 Discussion Flashback: Details
The recent surge in the price of Bitcoin has seen significant gains for companies like MicroStrategy and Tesla, which have made strategic investments in the cryptocurrency. In a flashback to a 2020 discussion between Michael Saylor, CEO of MicroStrategy, and Elon Musk, CEO of Tesla, it’s clear that their combined efforts have proven profitable.
In July 2020, Saylor stated that his company had purchased another 15,350 BTC, bringing its total Bitcoin holdings to 439,000. This move has resulted in the company’s $46 billion worth of assets. It is interesting to note that Elon Musk, CEO of Tesla, also made a strategic bet on Bitcoin at the same time.
As reported by U.Today, Elon Musk’s statement that “Bitcoin” is actually “a form of digital gold” helped fuel the recent surge in price, which has seen the currency surpass $106,000.
Source: u.today
