Bitcoin is a 100 year investment: Microstrategy CEO

Feeling down that bitcoin prices are well off their all-time highs? Don’t be, says bitcoin bull and MicroStrategy CEO Michael Saylor.

“My time horizon is a decade or more,” Saylor said on Yahoo Finance Live.

And Saylor is putting his money where his mouth is on bitcoin.

MicroStrategy disclosed this week it purchased 660 bitcoin for about $25 million between Dec. 30, 2021 and Jan. 31, 2022. The average price per coin tallied $37,865.

The company now holds 125,051 bitcoins valued at about $4.8…


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