MicroStrategy CEO’s Comments on Cryptocurrency Reserve

MicroStrategy CEO Michael Saylor highlighted Bitcoin as the “foundation” of the cryptocurrency economy following the recent cryptocurrency reserve announcement.

This announcement confirmed that Bitcoin would be “at the heart” of a strategic cryptocurrency reserve alongside Ethereum (ETH). Additionally, Cardano (ADA), XRP, and Solana (SOL) will also be included in the reserve. Following this news, the prices of these tokens saw significant increases.

• ADA surged over 60% in the past 24 hours, overtaking Dogecoin (DOGE) in market cap.
• Bitcoin (BTC) also experienced a rise of more than 10% in the same timeframe.