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Michael Saylor Reveals Major Reason Behind MicroStrategy's 'Bitcoin Strategy'

Michael Saylor, the Executive Chairman of MicroStrategy, has revealed that the primary reason behind the company's aggressive Bitcoin acquisition strategy is to protect its shareholders from the adverse effects of inflation. In an interview, Saylor explained that traditional assets like cash and bonds are losing value due to inflation, which he described as a "silent killer" for companies holding significant cash reserves. By converting a substantial portion of MicroStrategy's treasury into Bitcoin, Saylor aims to hedge against inflation and currency devaluation, thereby preserving and potentially increasing shareholder value over time. He emphasized Bitcoin's attributes as a store of value, its scarcity, and its potential for appreciation, making it an attractive alternative to conventional financial assets.

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[ https://coingape.com/michael-saylor-reveals-major-reason-behind-microstrategys-bitcoin-strategy/ ]