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Michael Saylor considers Bitcoin at $80,000 a "historic entry point"

In a interview with CNBC on March 17, Michael Saylor discussed Strategy's (formerly MicroStrategy) Bitcoin strategy and the future of the largest crypto currency.

By Mike Hesp
• 2 min read
Michael Saylor beschouwt Bitcoin voor $80.000 als een “historisch instapmoment”

In a interview with CNBC on March 17, Michael Saylor discussed Strategy's (formerly MicroStrategy) Bitcoin strategy and the future of the largest crypto currency.

According to Saylor, Bitcoin's current price - at the time around $82,300 - is a "historic entry point. The well-known bull sees no more risk, as he is convinced that Wall Street, banks and the U.S. government will eventually accept Bitcoin.

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Still, there are some factors currently holding back the price, such as low liquidity and the ongoing trade war. But once these obstacles disappear, Saylor expects Bitcoin to rise with vigor.

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