MicroStrategy founder Michael Saylor compared Bitcoin to “cyber Manhattan” as the cryptocurrency hit a record high of over $107,000 on Monday, emphasizing its long-term value. Saylor said, “Every day is a good day to buy Bitcoin,” likening the investment to consistently purchasing New York City real estate over centuries. MicroStrategy shares rose over 5% following the company’s inclusion in the Nasdaq-100, which will add it to the Invesco QQQ Trust ETF. The firm has continued its aggressive Bitcoin strategy, pushing its total holdings to 439,000.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02MicroStrategy founder Michael Saylor compared Bitcoin to Cyber Manhattan as the cryptocurrency
00:07at a record high of over $107,000 on Monday, emphasizing its long-term value. Saylor said
00:14every day is a good day to buy Bitcoin, likening the investment to consistently purchasing New
00:19York City real estate over centuries. MicroStrategy shares rose over 5% following the company's
00:25inclusion in the Nasdaq 100, which will add to the Invesco QQQ Trust ETF. The firm has
00:31continued its aggressive Bitcoin strategy, pushing its total holdings to $439,000.
00:36For all things money, visit Benzinga.com slash GSTV.