Michael Saylor claims the company will hold Bitcoin for '100 years'

Microstrategy CEO Michael Saylor said he will hold his company's Bitcoin for 100 years, and has no intention of selling it.

In a new interview with Real Vision CEO Raoul Pal, Saylor said the decision to invest $250 million was informed by a discussion between its board of directors and the firm's investors, auditor and executives.

"This is not a speculation, nor a hedge. It is a deliberate corporate strategy to adopt the Bitcoin Standard."

After considering a variety of options with a 100-year outlook, Saylor decided Bitcoin was the only option.

Bitcoin, on the other hand, is evolving, and over time it gets harder, stronger, and faster, Saylor concluded, describing BTC as a "Hive of cybernetic hornets protected by a wall of encrypted energy."

Saylor asserted Bitcoin is the world's best collateral and doesn't even compare to gold or any other commodities.

He told Pal that if you hold $100 million in cash over 100 years, you will lose 99% of it, and if held in gold, you will still lose 85% at best.

With Bitcoin, Saylor argued, "Anybody can inspect the fact that I own the Bitcoin in one second", and yet it can be "Sent anywhere in the world for $5." He added that he could liquidate $100 million BTC on "a Saturday afternoon."

Saylor told Pal that many people believe he has weak hands, saying "'Ya, Saylor's going to buy it and he's going to dump it.

He's going to buy it and then buy another company with it.