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Here's What MicroStrategy CEO Michael Saylor Says About Dogecoin, Bitcoin's Real Value

Published 17/10/2022, 18:02
© Shutterstock Here's What MicroStrategy CEO Michael Saylor Says About Dogecoin, Bitcoin's Real Value
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Microstrategy Incorporated (NASDAQ: MSTR) CEO Michael Saylor, in an interview in Oct 2021, was asked about Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE).

He replied that he has "no opinions" about "one dog coin vs. another dog coin". He featured a portion of the interview in a tweet.

However, Saylor spoke about Bitcoin (CRYPTO: BTC) and highlighted its utility and technology.

He also spoke about DeFi and non-fungible tokens (NFTs).

Saylor mentioned that some speculators and entertainers have meme coins. "Everybody's got their thing, it's all part of the crypto world right now, and it's what makes it so interesting and exciting," he said.

Microstrategy emerged as the most significant corporate holder of Bitcoin. Saylor said, "Bitcoin, as the world's most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash."

The company holds approximately 129,699 Bitcoin as of Oct 17, with a current value of $2.5 Billion. 0.62% of Bitcoin's total supply.

Relate Link: EXCLUSIVE: Josh Ong On Minting Bored Ape, Looking Forward To Hearing Garga Speak (And Dance?) At Benzinga's Future Of Crypto

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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