• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Cryptos

Why buying Bitcoin now looks like investing in Google, Apple, Facebook 10years ago

Olumide Adesina by Olumide Adesina
November 8, 2020
in Cryptos, Market Views, Spotlight
Why buying Bitcoin now looks like investing in Google, Apple, Facebook 10years ago
Share on FacebookShare on TwitterShare on Linkedin

MicroStrategy CEO, Michael Saylor, recently aired his view on why buying flagship crypto, Bitcoin now would look like investing in today’s multi-trillion dollar tech brands 10 years ago.

In an exclusive interview with Block Journal, Saylor spoke on the key reasons his company invested $425 million in Bitcoin as a store of wealth option.

READ: A billion dollar worth of Bitcoin moved by unknown identity

RelatedStories

Google rolls out Veo 2 AI video generator for Gemini Advanced subscribers globally  

EU publishers file antitrust complaint against Google as AI overview threatens revenue 

July 4, 2025
Bitcoin

Bitcoin shows buyers’ exhaustion, struggles under $108K

June 27, 2025

In the interview, Saylor said that Bitcoin is not only a hedge against asset inflation but also serves as the first true and possibly “dominant digital monetary network.”

Saylor goes on to liken the use of the cryptocurrency to that of other revolutionary digital service giants.

READ: 98% of Bitcoin wallets in profit, hit 2-year high

“And when I say digital monetary network I put it on the shelf next to Google being the first digital search network, YouTube being the first digital video network, Apple being the first digital mobile network, and Facebook is the first digital social network. It’s a pretty powerful thing.”

The CEO further disclosed that Bitcoin’s store-of-value properties beat those of the precious metal because the crypto asset is “harder, smarter, faster, and stronger” than physical gold.

READ: Bitcoin whale transfers $105 million worth of crypto, BTC trading at $15,800

Saylor also urged that considering Bitcoin’s 2020 yearly gains, buying now is getting in early.

“It’s got an upside that feels like buying Apple, Facebook, Google, or Amazon a decade ago. Where it could go from here is pretty interesting,” Saylor said.

READ: How investors make money from Bitcoin without owning crypto

What you should know

Nairametrics some months ago, broke the news that Saylor convinced the board of MicroStrategy to allocate nearly all of the company’s $425 million cash position to bitcoin.

MicroStrategy has made a number of headlines in recent times for its initial $250 million Bitcoin (BTC) investment.

READ: RippleNet processed over 2 million transactions

The company later poured a subsequent $175 million into the asset – a lengthy endeavor totaling almost 100 hours of work.


Follow us for Breaking News and Market Intelligence.
Tags: AppleBitcoinFacebookGoogleMichael Saylor
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

Related Posts

Google rolls out Veo 2 AI video generator for Gemini Advanced subscribers globally  
Sectors

EU publishers file antitrust complaint against Google as AI overview threatens revenue 

July 4, 2025
Bitcoin
Cryptos

Bitcoin shows buyers’ exhaustion, struggles under $108K

June 27, 2025
Bitcoin
Cryptos

Hawkish Fed, Israel–Iran conflict cage Bitcoin

June 19, 2025
Google BOLD internship program opens applications for 2025 
Sectors

Google to shut down Android Instant Apps by December 2025 due to low usage 

June 13, 2025
New AI tool could cut cost of brain tumor diagnosis for millions in Nigeria 
Sectors

Google, Meta push for AI sovereignty at Africa Soft Power Summit 2025

June 2, 2025
Bitcoin is now a ‘safe-haven coin’ of the crypto market, Octa broker says 
Companies

Bitcoin is now a ‘safe-haven coin’ of the crypto market, Octa broker says 

May 29, 2025
Next Post
Akin Abayomi, Participants at the AMVCA may have COVID-19

Lagos State confirms COVID-19 cases in secondary school

Comments 1

  1. Moshood says:
    November 11, 2020 at 1:03 pm

    Crypto is the Future

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • AGF approves prosecution of Andy Uba, Benjamin Etu over alleged N400 million fraud 
  • EFCC arraigns Abel Sokari, Nkiruka Chukwuma and firm over alleged €49 million fraud attempt 
  • FIRS begins renegotiation of double taxation treaty with Netherlands amid tax reforms 

Follow us on social media:

Recent News

Federal High Court, REA

AGF approves prosecution of Andy Uba, Benjamin Etu over alleged N400 million fraud 

July 7, 2025
EFCC arraigns Abel Sokari, Nkiruka Chukwuma and firm over alleged €49 million fraud attempt 

EFCC arraigns Abel Sokari, Nkiruka Chukwuma and firm over alleged €49 million fraud attempt 

July 7, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics