Michael Saylor’s Bitcoin Strategy

The co-founder of the MicroStrategy, Michael Saylor, has recently shared a part from the recent appearance of Tom Lee on the CNBC Squawk Box show on his “X” handle. The Fundstrat’s co-founder notably made a bullish Bitcoin price prediction by expecting it to reach a “six-figure” level in 2024. Further, Tom Lee told the CNBC show hosts that Bitcoin is “potentially a Treasury Reserve asset” for the U.S. considering that if the adoption process is fastracked, it can potentially help the U.S. reduce the budget deficit. Michael Saylor reacted to that message of Lee by adding his point of view on the situation. The POV was “Nations will adopt Bitcoin as a Treasury Reserve Asset”.

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