MicroStrategy’s Michael Saylor Reveals The Reason For Which Tesla Bought Bitcoin

As you probably know by now, MicroStrategy’s Michael Saylor has been boosting Bitcoin since back in 2020, and he continues to do so.

He recently revealed that his talk to Elon Musk on Twitter influenced Tesla’s decision to buy Bitcoin. He addressed the subject in a recent interview with Time magazine.

Just to refresh your memory, at the end of 2020, ‘Musk had tweeted a meme painting of a monk praying with his eyes closed, while a woman in the background acts as a metaphor for bitcoin in an attempt to tempt him,’ Business Insider noted not too long ago.

By the way, Bitcoin has already made it into the mainstream media for a while now, and the king coin continues to enjoy its momentum.

Saylor replied to Musk’s post back then and said that he should do Tesla’s shareholders a “$100 billion favor” by converting the company’s balance sheet from dollars to BTC.

“Other firms on the S&P 500 would follow your lead & in time it would grow to become a $1 trillion favor,” he wrote back then.

Anthony Pompliano praised Musk

Musk has been making headlines for a while now. Not too long ago, we reported that Musk has been boosting Bitcoin for a while now, along with more institutional investors and big players.

He’s been buying Bitcoin, and MicroStrategy’s Michael Saylor has been doing the same thing since back in 2020, and he’s been boosting Bitcoin adoption.

The mainstream adoption of Bitcoin and crypto has been one of the most important goals that the crypto industry has set, and things have been going in a great direction so far. The momentum seems to continue.

Now, Anthony Pompliano praises Elon Musk and says that he’s one of the world’s largest owners of Bitcoin.

Check out the previous article in order to learn more details about the issue.

Previous ArticleNew Episode Of Cardano Monthly Is OutNext ArticleCoinbase’s Plan To Go Public Is Delayed
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.
>
Exit mobile version