Safe-Haven Assets: Bitcoin as New Digital Gold Amid Shaky Markets

“It’s not just a technology play anymore; it’s becoming the digital version of a monetary safe-haven.”

-Michael Saylor, CEO of MicroStrategy

Saylor and Microstrategy’s “risky investment”

It’s kind of funny to watch other billionaires on a live stage eat their own words. Saylor has taken a lot of criticism from mainstream investors for his investment strategy approach, Bitcoin-forward. However, when you take a look back and view the numbers — he was right.

Whatever your opinions are of Michael Saylor, it does not truly matter. His success and early adoption as a massive investor in Bitcoin should be noted. Originally, Saylor invested a heavy sum of $250 million worth of Bitcoin in 2020, approximately 21,454 BTC. Fast forward only a short 5 years, and Microstrategy has now accumulated 423,650 Bitcoin. 423,650. Let that sink in. It’s valued at $42 Billion roughly.

This by far makes them the largest corporate holder of BTC. Assuming that this trend will follow, which is highly likely, in 10 years, we have no…