Michael Saylor Endorses Bitcoin Investment for Saudi Sovereign Wealth Fund

Michael Saylor, Chairman of Strategy (formerly MicroStrategy), has urged the Saudi Sovereign Wealth Fund to invest in Bitcoin. In an interview with Saudi National Television, Saylor highlighted the potential for significant growth if the fund embraces Bitcoin, stating, “If you want your money to grow a thousandfold, then buy Bitcoin.” The Saudi Sovereign Wealth Fund is estimated to hold assets worth $930 billion.