CandleFocus Is MicroStrategy’s Michael Saylor joining the Trump administration?
2024-12-18
Author: Content Editor
Michael Saylor, the executive chairman and co-founder of MicroStrategy, is rumored to potentially become a crypto advisor in Donald Trump's administration. Saylor has reportedly met with several members of the incoming administration, fueling speculation about his potential role. MicroStrategy, meanwhile, continues its aggressive Bitcoin-buying spree, acquiring $45 billion worth in six straight weeks. The company's stock performance has outpaced Bitcoin itself, driven by retail investors and hedge funds. Saylor believes regulatory and political changes have created a favorable environment for Bitcoin adoption and expects more companies to follow MicroStrategy's lead.
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