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Adam Back, a prominent figure in the crypto space, has made some surprising comments regarding Michael Saylor’s investment strategy. In a recent statement, he expressed his astonishment at the lack of companies following Strategy’s lead in acquiring Bitcoin.
Saylor, the CEO of Strategy, has been on a mission to accumulate as much of the cryptocurrency as possible. He recently announced another purchase, bringing the total holdings to 540,000 coins. However, despite his efforts, very few other companies have followed suit.
Back, a renowned cryptographer and advocate for Bitcoin, was quoted as saying that it’s “staggering” how few organizations have decided to join Saylor in his pursuit of accumulating the digital asset. This comes as a surprise, given the significant growth potential that many experts see in Bitcoin.
It remains to be seen whether more companies will take notice and follow Strategy’s lead in the future. As always, the cryptocurrency market is highly volatile, and any investment decision should be made with caution and thorough research.
Sources: [Various]
Source: https://u.today/adam-back-says-its-staggering-how-few-companies-copy-saylor
