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MicroStrategy calls bitcoin an ideal asset for pension investments

9:06 am, April 30, 2022

Michael Saylor, CEO of MicroStrategy, said that he considers bitcoin to be an ideal asset in retirement investments.

«Bitcoin is a digital property, and this makes it an ideal asset for retirement savings. Strategically, it is less risky than bonds and stocks, commercial real estate, and gold. This will fill an important vacuum in the investment product market,» says Saylor.

Fidelity, a company offering retirement savings plans, has become the first major company of its kind to include bitcoin as an option in its 401(k) retirement investment plans (the American designation for retirement savings — ed.) And MicroStrategy will become one of its clients.

Saylor noted the high demand for bitcoin among his company’s employees. According to him, employees have been asking for it for a long time. MicroStrategy has spent more than $ 4 billion on bitcoin purchases. They are currently the largest public corporate bitcoin holder, owning 129,218 BTC purchased at an average price of $ 30,700.

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