MicroStrategy CEO Explains Why Bitcoin Is a ‘Scarcity’ and Not a Commodity

In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), explained why Bitcoin should be thought of a scarcity — perhaps the only one in the world — rather than a commodity. On 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins […]