C
CNBC Television
7hrs

Saylor: Bitcoin to Outperform S&P 500 Over Time

Michael Saylor, executive chairman and founder of MicroStrategy, discussed the company's strategy and outlook on Bitcoin in a recent interview. He expressed confidence in Bitcoin's long-term prospects, expecting it to outperform the S&P 500 index over time. Saylor also detailed MicroStrategy's digital credit strategy, which involves issuing preferred stocks to generate synthetic yield and amplify Bitcoin exposure for investors. The company has been actively buying Bitcoin, with its holdings currently at around $65 billion.