MicroStrategy Founder Michael Saylor Calls Bitcoin ‘Cyber Manhattan’ As It Hits Record $107,000. 'Every Day Is A Good Day To Buy Bitcoin.'

2024-12-17 338

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.