MicroStrategy CEO offers to share his Bitcoin playbook with billionaire Elon Musk

Cointelegraph

Published Dec 20, 2020 12:53PM ET

Updated Dec 20, 2020 02:40PM ET

Michael Saylor, the CEO who made a $425 million bet on Bitcoin earlier this year, is offering to advise Elon Musk on how to get started investing in crypto.

According to a tweet posted today, Saylor proposed Musk convert Tesla’s balance sheet into Bitcoin (BTC) — a company whose market capitalization is currently valued at more than $658 billion, according to AssetDash. The MicroStrategy CEO implied a figure like Musk taking the lead on Bitcoin adoption could cause “other firms on the S&P 500” to follow.

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