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Benzinga
Benzinga
Business
Adam Eckert

Is MicroStrategy Margin Call 'Much Ado About Nothing'? Why Michael Saylor Plans To Keep Stacking Bitcoin

Bitcoin (CRYPTO: BTC) has been cut in half since the start of the year as it continues to trade lower alongside traditional markets. One Bitcoin bull says the world's oldest and largest cryptocurrency is offering investors an incredible entry point.

Time To Buy: Bitcoin has only touched its four-year simple moving average a couple of times in history and it's hovering around its SMA right now, MicroStrategy Inc (NASDAQ:MSTR) CEO Michael Saylor said Wednesday on CNBC's "Squawk On The Street."

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