Strategy's Michael Saylor Is Making a Strong Case Against a Proposed New Bitcoin Upgrade. Here's What That Means for Bitcoin.
The future of Bitcoin is at stake, and so is the value of Strategy's $54 billion Bitcoin investment.
Overview
This summer, a surprisingly high-spirited debate has been taking place about the future of Bitcoin (CRYPTO: BTC). At the heart of this debate is Bitcoin Improvement Proposal 110 ("BIP-110"), which has the potential to become the biggest change to Bitcoin in nearly a decade.
What's particularly noteworthy is that one of the loudest voices in the debate has been Michael Saylor of Strategy (NASDAQ: MSTR). His company now owns approximately 4% of all Bitcoin in circulation, and he's understandably concerned about what happens to his $54 billion investment in Bitcoin.
Details
What does the involvement of Michael Saylor mean for the average crypto investor regarding Bitcoin?
Source
Originally published at www.fool.com.
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