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Michael Saylor Kickstarts Corporate Rush to Hold Bitcoin

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Bitcoin has moved from being a niche asset to a major topic in global finance, and much of that change can be linked to Michael Saylor. In August 2020, Saylor, then the CEO of MicroStrategy, took a bold step that surprised many. He invested $250 million of the company’s cash reserves into Bitcoin.

You can bet that firms like MARA Holdings Inc. (NASDAQ: MARA) will be keeping a close eye on the way corporate entities are shifting their perception of BTC and adding it to their…

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