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MicroStrategy’s CEO Reacted To Musk's Statement!

MicroStrategy’s CEO reacted to Musk's statement. Michael Saylor has been making a name for himself since the summer of 2020.

MicroStrategy’s CEO Reacted To Musk's Statement!
Yazar: Elif Dinçer

Yayınlanma: 13 Mayıs 2021 16:47

Güncellenme: 1 Mayıs 2024 15:23

MicroStrategy’s CEO Reacted To Musk's Statement!

MicroStrategy CEO Micheal Saylor explained that he found Elon Musk's Bitcoin announcement ironic.

MicroStrategy’s CEO reacted to Musk's statement. Michael Saylor, who has been making a name for himself since the summer of 2020 with his BTC purchases, as well as his company MicroStrategy, reacted to the statements on Tesla’s decision to stop the sale of vehicles with Bitcoin due to its carbon footprint. Saylor said, "Over time, fossil fuel consumption will decrease to negative, everything has been considered." MicroStrategy CEO, who did not fall off the agenda with his statements as well as his BTC purchases, answered Elon Musk's statement on his Twitter account. Underlining that Musk's decision was quite ironic and that there was no increasing energy use in Bitcoin transactions, Saylor said: “The explanation is ironic because there is no increase in the energy used for the Bitcoin transaction. Energy is used to protect the crypto-asset network, and over time its impact on fossil fuel consumption will be reduced to nothing. Everything has been considered… "

They Announced BTC After Saylor's Conference

In December, when Tesla was not buying Bitcoin, Elon Musk shared a visual that he was trying to avoid buying Bitcoin from his social media account, and Saylor said, “If you want to do a favor of $ 100 billion to your shareholders, turn your Tesla balance sheet from dollars to BTC. Other companies in the S&P 500 will follow you over time and the favor you do will be $ 1 trillion.” In addition, approximately 1400 company executives attended the BTC panel organized by Saylor for corporate companies on February 3-4, only 4 days after this conference, Tesla announced that it had purchased Bitcoin.
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