The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Bitcoin Billionaire Michael Saylor Says BTC Is Dominating Gold, S&P and Nasdaq, Proclaims He’ll Buy Bitcoin Top Forever

by Daily Hodl Staff
May 30, 2022
in Bitcoin, Trading

The co-founder and CEO of enterprise analytics firm MicroStrategy, Michael Saylor, remains long-term bullish on Bitcoin despite a gloomy macro backdrop.

In a new Fox News interview, Saylor says the top crypto asset is the “most certain thing” in a world that’s facing a lot of uncertainties.

“In a market full of chaos and sound and fury, people need a safe place to stand apart from the intervention of a government, an agency or a corporation. Bitcoin represents a fair, open, equitable network with a very simple promise to anyone who wants to join, which is, what you own is yours, and no one is going to take it away from you.”

Saylor’s comments come after Bitcoin has lost nearly 60% of its value from its all-time high of $69,000. At time of writing, BTC is exchanging hands at $29,650.

The MicroStrategy head also highlights the fact that despite Bitcoin’s poor performance over the last few months, BTC is up more than 3x since the start of the pandemic. 

“In these markets right now, there’s no simple place to hide. All indexes are bear market territory. Bonds don’t represent a safe refuge because they’re currency derivatives. Stocks have to grow their cash flows faster than the inflation rate.

But if you zoom out two years since the beginning of the Covid crisis, the US money supply has expanded 36%. Gold is up 7%. The S&P index is up 29%. The Nasdaq’s only up 19%. Bitcoin’s up 229%, so if you can stomach the volatility, you take the long view, you’ve got a safe haven there.”

Saylor says he and his company will continue to buy more BTC regardless of the price. 

“Whenever I have some spare cash, we buy more Bitcoin. We are taking a very, very long view toward this. The network is only getting better. Adoption is improving. Very constructive regulation is coming out of D.C., and the lightning network is moving us closer to Satoshi’s promise of letting everybody in the world trade with each other at the speed of light in a fair and equitable fashion…

I’ll be buying at the top forever. The maximalists believe that Bitcoin is an instrument of economic empowerment. I’m not trying to time the market.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/ahmadalfant/KeilaNeokow EliVokounova

Submit a Press Release

Industry Announcements

  • Meta Earth Network 2.0 – Pioneering Web 3.0 Innovation With Rewards and Global Events
    June 20, 2025
  • Perceptron Network Merges With BlockMesh To Create First End-to-End Decentralized AI Data Infrastructure
    June 20, 2025
  • Bubblemaps Integrates With TON, Enhancing Transparency in Telegram’s Native Blockchain Ecosystem
    June 19, 2025
  • NATIX Network Launches DePAI Initiative, Merging DePIN Infrastructure With Decentralized AI
    June 19, 2025
  • BitVault Raises $2 Million From GSR, Gemini and Auros To Launch BTC-Backed Money
    June 18, 2025
  • TAC Raises $11.5 Million To Bring DeFi to Telegram’s Billion-User Ecosystem
    June 18, 2025
  • Falcon Finance Launches Pilot Season of Falcon Miles Points Program To Reward Ecosystem Participants
    June 18, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$99,506.66
$99,506.66
3.86%
Ethereum
$2,195.46
$2,195.46
9.2%
BNB
$609.97
$609.97
4.11%
Solana
$129.50
$129.50
7.47%
XRP
$1.95
$1.95
7.61%

Spotlight

  • Walmart, Amazon and Other Multinational Giants Considering Issuing Stablecoins: Report
    June 15, 2025
  • 65-Year-Old Forced Out of Retirement After Losing ‘Everything’ in Elaborate Bank Fraud Scam
    June 15, 2025
  • Crypto Strategist Warns of up to 80% Bitcoin Correction in Next Bear Market Fueled by Selling of Major BTC Adoption Group
    June 15, 2025
  • Woman To Serve Four Years in Prison for Role in $800,000 Business Email Hack That Tricked Victims Into Sending Fraudulent Bank Wires
    June 15, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl