CEO Of MicroStrategy Says Bitcoin Doesn’t Need Warren Buffett’s Support to Flourish

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Note that Buffett personally bought 100 Microsoft Shares during his first meeting with Bill Gates 30 years ago. However, Buffett had let go of the stock on Berkshire’s behalf, citing concern that people would suspect he was getting insider information from Gates.

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Saylor has closely followed Buffett for more than a decade. For example, he defended MicroStrategy’s lack of contact with investors and analysts in 2005 by deploying the investor’s quote that “a stock market is a weighing machine in the long term,” an earnings-call transcript on Sentieo shows.

Saylor mockingly shared a bunch of Buffett quotes suggesting that the billionaire investor is referring to Bitcoin with each one. He told Cointelegraph earlier this year that Buffett couldn’t understand that Bitcoin — similar to Coca-Cola — has value because of its brand recognition.