Posted 1/11/2024, 8:29:39 PM
Saylor's advice to mortgage house for Bitcoin down 19% since 2021 peak
- In March 2021, Michael Saylor said "Go mortgage your house and buy Bitcoin with it" when Bitcoin was around $57,000
- A $1,000 investment in Bitcoin then would be worth $810 today, a drop of nearly 19%
- Saylor and his company MicroStrategy began buying Bitcoin around $12,000 in August 2020
- MicroStrategy has accumulated over 189,000 BTC at an average price of $31,168 per coin
- Saylor says Bitcoin is the best asset in the world and investors should take a long-term view through price cycles