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Michael Saylor: Bitcoin is an exit strategy, the most powerful asset

Michael Saylor: Bitcoin is an exit strategy, the most powerful asset

2024/03/05 13:11

According to CryptoPotato, MicroStrategy CEO Michael Saylor stated in an interview with Bloomberg Television's Katie Greifeld: "I will always buy the top. Bitcoin is my exit strategy. It is the most powerful asset." With Bitcoin prices soaring near $65,000, approaching historical highs, there may be some correction ahead. However, most analysts like Galaxy Digital CEO Mike Novogratz expect that by 2024, Bitcoin will continue to rise and set new all-time highs. Here are three reasons why many Bitcoin investors are buying during this uptrend: 1. Each new all-time high surpasses the previous one. 2. Exit strategy. 3. Many Bitcoin investors believe that every satoshi (the smallest unit of bitcoin) is very valuable.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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