摘要： MicroStrategy’s Chief Executive Officer Michael Saylor says the Federal Reserve’s new relaxed inflation policy helped convince him to put the remainder of the enterprise-software maker’s cash into Bitcoin.
“We feel pretty confident that Bitcoin is less risky than holding cash, less risky than holding gold,” Saylor said in an interview with Bloomberg.
In the wake of the Fed officials of the Federal Open Market Committee’s (FOMC) announcement that they will continue to hold US interest rates close to zero and will continue to push inflation above 2% by 2023—Saylor became convinced that Bitcoin was the best option for another $175 million hedge investment from MicroStrategy.
Saylor believes the US dollar will soon lose significant purchasing power and that asset inflation will surge to more than 20%.
Prior to the coronavirus pandemic, MicroStrategy had most of its capital, roughly $500 million, invested in short-term United States government securities, a conventional strategy for a public company. But when the pandemic disruption hit and yield began to tumble, Saylor began to feel that MicroStrategy’s investment was on “a $500 million melting ice cube.”
Following a negative 10% yield on MicroStrategy’s treasury, the company considered other safe havens like gold and real estate but found Bitcoin to be a much more rational investment given its scarcity.
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