After Saylor stepped down as MicroStrategy CEO, some observers initially speculated the bitcoin buying was over. They quickly learned that’s not the case.
“After scientifically studying everything on Earth, I’ve concluded bitcoin is the best inflation hedge,” he told CoinDesk during a November interview at the Miami Beach mansion. “We buy bitcoin as fast as we can with whatever money we find lying around.” His advice as bitcoin was near its record high? “If you have bitcoin, don’t sell it. If you don’t have bitcoin, buy it. And if your bitcoin is moving around, wait.
the CEO title to Phong Le, who had been MicroStrategy’s president, and shifted into an executive chairman role, pledging to put all his focus on bitcoin investing. Le now runs the legacy software business.A portrait of Saylor at his home. Born in Lincoln, Neb., into a military family, Saylor grew up around bases. That included Wright-Patterson Air Force Base near Dayton, Ohio.
But he immediately noted the serious potential downsides of technology, too, about a month before his stock plunged. “If the software crashes, the civilization comes to a grinding halt in the same way that if you shut down air traffic control at a major airport, traffic will come to a grinding halt,” Saylor told Rose, adding, “And that’s what’s exciting about technology.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AngloGold Ashanti CEO sees inflation pressure easing next yearAlberto Calderon estimated that 40% of the cost increase in the first half of this year was attributable to diesel prices.
Read more »
Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEOThe White Rock CEO noted that companies who have managed their balance sheets effectively will have fared well through the bear market, and will continue to do so even if there’s more volatility to come.
Read more »
XPO Logistics' Brad Jacobs Discusses Stepping Down as CEO With Mario Harik to Succeed HimJacobs will remain as executive chairman at XPO and non-executive chairman at the spun-off company.
Read more »
Coinbase Shares Soar Amid BlackRock Partnership News, and Robinhood CEO Shuts Down FTX Merger Chatter“The fact that institutional investors are still looking for ways to get their toes wet when it comes to digital assets is really exciting … bullish news in a bear market.” jennsanasie on Coinbase's partnership with asset management giant BlackRock
Read more »
![New South Asian Streamer Cpics Names Kavi Raz CEO [EXCLUSIVE]](https://i.headtopics.com/images/2022/8/5/screenrant/exclusive-new-south-asian-streaming-service-cpics-announces-co-founder-actor-and-producer-kavi-raz-a-1555586155084668929.webp?w=640)
New South Asian Streamer Cpics Names Kavi Raz CEO [EXCLUSIVE]EXCLUSIVE: New South Asian streaming service Cpics announces co-founder, actor and producer Kavi Raz as its CEO:
Read more »
Warner Bros. Discovery CEO David Zaslav Embraces the Past as He Plans His Company's FutureUnlike WarnerMedia’s last CEO, new chief David Zaslav is embracing movie theaters and traditional cable TV instead of taking a streaming-first attitude.
Read more »