
MicroStrategy’s Saylor Defends Buying Bitcoin, Tops Ethereum (ETH) Just Lost Important Level, Solana (SOL) Drops to Vital Level, Shiba Inu (SHIB): End or New Beginning?
Despite criticism from Peter Schiff, MicroStrategy CEO Michael Saylor remains committed to buying Bitcoin. The company recently announced its 11th consecutive buy-in of the cryptocurrency, adding another $6 million worth of Bitcoin to its existing stash.
In a tweet, Saylor defiantly defended his strategy, stating that MicroStrategy’s Bitcoin holding is “the highest performing asset” in their portfolio and has increased in value by over 90% since their first purchase. He also emphasized that they will continue to buy more Bitcoins at lower prices.
As of now, the price of #Bitcoin (BTC) stands at $92,000 and earlier today it hit an intraday low of $92,441.
Source: u.today