- 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.
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