- Michael Saylor responded to Mike Tyson’s survey, saying he has chosen Bitcoin over Ethereum.
- Saylor claimed he spent over 1,000 hours studying Bitcoin’s case.
- The crypto market remains in bearish territory, with most assets in the red.
MicroStrategy CEO Michael Saylor recently commented on a question posed by boxing veteran Mike Tyson on Twitter. Tyson asked the space if they preferred Bitcoin or Ethereum, to which Saylor replied Bitcoin.
According to the tweet, Saylor spent more than a thousand hours considering the question. Instead of elaborating further, he pointed Tyson to hope.com for further Bitcoin education.
Saylor is a well-known Bitcoin bull, prompting enterprise analytics firm MicroStrategy to purchase over a hundred thousand bitcoins. Despite the market in bear territory, MicroStrategy has purchased BTC at least twice.
Meanwhile, investment firm Capital International recently purchased 953,242 stocks of MicroStrategy, which translates to at least 12%. The announcement was revealed through a filing with the US Securities and Exchange Commission.
The crypto market remains bearish, with major cryptocurrencies in the red zone. At the time of writing, Bitcoin price is $31,488.99. Crypto traders are waiting whether BTC support at $30,000 will hold, thereby enabling it to set up for a bull case. On the other hand, current Ethereum price is $1,917.13.
Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.