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International Business Times
International Business Times
Business
Marvie Basilan

MicroStrategy's Rebranding Into 'Bitcoin Development Company' A 'Natural' Move: Michael Saylor

Michael Saylor Bitcoin MicroStrategy Jamie Dimon
Michael Saylor is known as a Bitcoin maximalist and has thousands in Bitcoin investments. (Credit: YouTube Screenshot/ MicroStrategy Official YouTube Chanel)

KEY POINTS

  • MicroStrategy will now focus on accumulating more BTC for its shareholders, Saylor said
  • He previously predicted that the next 15 years will be a "high growth period" for Bitcoin
  • MicroStrategy, which describes itself as the world's largest corporate BTC holder, now has 190,000 total Bitcoin holdings

MicroStrategy's move of rebranding itself as a "Bitcoin development company" is only "natural," MicroStrategy co-founder and executive chairman Michael Saylor said in an interview with CNBC's "Closing Bell Overtime" on Monday.

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