Adding Bitcoin to their balance sheet has been highly rewarding for institutions that have gone that way. Michael Saylor, the CEO of MicroStrategy, has said that his company has no regret in choosing Bitcoin over gold
Bitcoin is better for MicroStrategy than gold could have been
According to Bloomberg Intelligence’s James Seyffart, Saylor made the statement while speaking in a Bloomberg warm-up event for the Bitcoin 2022 conference which kicks off today, April 6.
In a tweet, Seyffart quoted Saylor speculating that if MicroStrategy had chosen to adopt a gold standard instead of a Bitcoin standard there would have been a marked difference in the company’s standing at present.
By Saylor’s projection, if he had chosen gold, MicroStrategy would probably have invested about $250 and shareholders would have also missed out on the $4 to $5 billion profit the company is currently sitting on. In his words:
If I had picked gold instead when I bought Bitcoin we would probably have about $250
We współpracy z: https://coingape.com/michael-saylor-on-why-bitcoin-over-gold/
