🔥🇹🇷 Bitcoin and Türkiye statement from Michael Saylor
Michael Saylor, chairman of the board of directors of MicroStrategy, said that Bitcoin is a hope for Turkey.
#michaelsaylor chairman of the board of directors of MicroStrategy, a US company that has more than 214 thousand Bitcoins on its balance sheet, stated that #BTC is the hope for Turkey.
In his post from his personal X account, Saylor drew attention to the constantly rising price of Bitcoin against the Turkish Lira and said, “Bitcoin is a hope for Turkey." he wrote.
Saylor had previously drawn attention to the fact of inflation in Turkey. MicroStrategy's founder stated in a Bloomberg broadcast in January that Bitcoin is ”an attractive asset for those who want to protect their wealth while struggling with political instability, currency depreciation and counterparty risk in countries such as Turkey."
Saylor argues that in economies where the currency has suffered a huge depreciation, the best solution for citizens, companies and families lies in Bitcoin.
The technology entrepreneur has been actively promoting Bitcoin since 2020. Saylor's company MicroStrategy, which has adopted a persistent Bitcoin strategy, has also been buying Bitcoin since 2020. As a result of dozens of purchases, MicroStrategy's Bitcoin assets exceeded 214 thousand. The company has made more than $ 6 billion profit from Bitcoin on paper.
