'Bitcoin Is Going to Eat Gold': MicroStrategy’s Michael Saylor

MicroStrategy is the owner of 205,000 bitcoin worth nearly $15 billion at the current per token price of $72,000.

Appearing on CNBC after his company on Monday announced the purchase of an additional 12,000 bitcoins (BTC), MicroStrategy (MSTR) Executive Chairman Michael Saylor said the crypto will be a much more valuable asset than gold in the future.
“Bitcoin is certainly at least digital gold, it’s going to eat gold,” Saylor said, “It’s got all of the great attributes of gold and it’s got none of the defects of gold.”