MicrosStrategy Inc (NASDAQ: MSTR) CEO Michael Saylor raised the alarm on Monday, revealing that the US dollar has lost 99.88% of its purchasing power compared to Bitcoin (CRYPTO: BTC) over the past 10 years
Highlights
- MicrosStrategy Inc CEO Michael Saylor raised the alarm on Monday, revealing that the US dollar has lost 99.88% of its purchasing power compared to Bitcoin BTC/USD over the past 10 years.
- S&P500 and Nasdaq have risen 17% and 6%, respectively, while Gold, Bonds, and Silver have all declined, down 5%, 17%, and 22%.
- At the time of writing, BTC was trading at $27,838, up 1.32% in the last 24 hours, according to Benzinga Pro.
- Since August 10, 2020, when MicroStrategy first adopted its Bitcoin strategy, apex crypto has grown a whopping 125%.
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