Bitcoin faces only one ‘legitimate risk,’ Microstrategy CEO Michael Saylor says

Bitcoin faces only one ‘legitimate risk,’ Microstrategy CEO Michael Saylor says

Bitcoin (BTC-USD) is down more than 20% from its record high and is set for its fourth straight weekly decline. Crypto bulls, as always, are keeping the faith. That includes MicroStrategy CEO Michael Saylor, who added bitcoin to his company’s balance sheet last year. Since then, he’s been an outspoken advocate. Right now, he doesn’t see many — any? — long-term obstacles to prices going higher.

“The only legitimate risk is a black swan – an unknown unknown,” he said in an…


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