Bitcoin Volatility is a Feature, Creates Tens of Billions of Dollars in Credit – MicroStrategy Ex-CEO

During a Bloomberg interview, Michael Saylor, the co-founder and executive chairman of MicroStrategy, the largest public corporate holder of Bitcoin, described the volatility of Bitcoin in the crypto market as a feature, not a bug. He further emphasized that this volatility creates tens of billions of dollars in credit and liquidity for everyone in the market across the globe in the short term.

Michael Saylor also described Bitcoin as a superior asset with high performance and durability that can be held for the long term, thereby having the potential to create generational wealth for families, countries, and corporations.

According to the co-founder, Bitcoin is superior to other asset options in the long term, considering that it can be held for a long time without the need for active management or any specific business acumen.

When asked about the types of dips to look for when investing heavily in Bitcoin, Saylor compared the digital asset to ‘cyber Manhattan,’ an expensive real estate asset. He stressed that Bitcoin should be bought at any time, as there is no bad time to purchase the digital asset, given that timing the market is impossible, while the time in the market is the only thing that matters.

Michael Saylor Owns Over 17,000 BTC

During the interview with Bloomberg, the crypto mogul revealed that since 2024, he has owned at least 17,000 BTC. Saylor’s over 17,000 BTC holdings are exclusive of what he owns through MicroStrategy and his stocks.

Despite Bitcoin’s price fluctuations, Saylor continues to display his strong belief and optimism in the future of the digital asset. This is evident in his personal investments and those of the MicroStrategy. Over the years, the MicroStrategy has invested more than $7.4 billion in Bitcoin.