MicroStrategy Buys 12,000 More Bitcoin; CEO Says Bitcoin to Eat Gold as It Surpasses Silver Market Cap

MicroStrategy CEO Michael Saylor said bitcoin will "eat" gold as it has all of gold's attributes but none of its defects
MicroStrategy on Monday purchased another 12,000 bitcoin, bringing its total holdings to 205,000 tokens
Bitcoin on Monday became world's 8th most valuable asset, surpassing silver with market cap over $1.4 trillion
Upcoming Bitcoin halving in April will reduce block reward by 50% to 450 new bitcoins per day
Asset manager BlackRock's iShares Bitcoin ETF (IBIT) briefly surpassed MicroStrategy's bitcoin stack on Friday at 196,000 coins