Bitcoin Institutional Investors

Institutional investors are entering the bitcoin market and buying up more supply than is currently mined. This will lead to a supply shortage and a large price mark-up in 2021. Listen to the podcast below by Preston Pysh featuring MicroStrategy CEO Michael Saylor on why he has lead his NASDAQ listed company to convert balance sheet cash holdings into Bitcoin. MicroStrategy currently holds 70,470 bitcoins at an average purchase price of USD$15,964 in a hedge against the devaluation of global currencies.

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