Michael Saylor Advocates Bitcoin Investment for Saudi Sovereign Wealth Fund

According to PANews, Michael Saylor, Chairman of the Board at Strategy (formerly MicroStrategy), suggested in an interview with Saudi National Television that the Saudi Sovereign Wealth Fund should invest in Bitcoin. Saylor emphasized that purchasing Bitcoin could potentially increase the fund's value significantly, stating, "If you want your money to grow a thousandfold, then buy Bitcoin." The Saudi Sovereign Wealth Fund is reported to have assets totaling $930 billion.