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Michael Saylor Says Forget Stocks—Bitcoin Is the Real Long-Term Bet

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By on December 7, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Michael Saylor Says Forget Stocks—Bitcoin Is the Real Long-Term Bet appeared first on Coinpedia Fintech News

Michael Saylor, the Executive Chairman of MicroStrategy, sees Bitcoin as the ultimate long-term asset, calling it a reliable store of value amid inflation. He encourages investors to take a decade-long view, steadily buying Bitcoin with spare funds. Despite short-term volatility, he believes Bitcoin will outperform traditional assets and fiat currencies in the long run. Under Saylor’s leadership, MicroStrategy holds 402,100 BTC, worth $40.12 billion. This reflects an unrealized profit of $16.64 billion, showcasing a 70.86% gain over the investment. Saylor’s advice is simple, hold Bitcoin and ignore its temporary swings. MicroStrategy’s success underscores the potential of Bitcoin as a tool for wealth preservation and growth.

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