MicroStrategy CEO Michael Saylor hopes the value of Bitcoin will one day reach a million dollars.
The crazy drop in the crypto markets doesn’t seem to have frightened Michael Saylor. Saylor continues to make bold predictions even as Bitcoin struggles at the $30,000 level.
Saylor, who started to create Bitcoin reserves in 2020, says that his strategy is still the same after two years.
MicroStrategy remains the largest institutional Bitcoin owner with 129,218 Bitcoins held. The company’s Bitcoin position is currently in red. At the time of writing, the company has lost $70 million.
However, trust in Saylor remains unwavering as the company has no plans to liquidate Bitcoin. Saylor and the company maintain their maximalist stance.
Saylor said in an interview with Yahoo Finance.
“No price target. I hope we get Bitcoin from the local top forever. I also hope that Bitcoin will go to the millions level. We think this is the future of money”
