Peter Thiel vs. Michael Saylor: Crypto treasury bet or bubble?
Tech billionaires Peter Thiel and Michael Saylor have different approaches to crypto, which are reflected in how they invest in the space.
Tech billionaires Peter Thiel and Michael Saylor are establishing crypto company treasuries, but some financial observers note that their strategies could pose significant risk.
Both Thiel and Saylor have poured substantial capital into cryptocurrencies through their respective firms and investment vehicles: Saylor, with his software firm Strategy’s frequent Bitcoin
buys, and Thiel, through venture capital investments in crypto firms, and his exchange, Bullish, which went public earlier in August.
Source link:
https://cointelegraph.com/news/peter-thiel-michael-saylor-crypto-treasury-bet-bubble
Of these two people, Michael Saylor's Bitcoin investment is the best, which is loved by every investor. You look and think that hundreds of treasury companies are holding Bitcoin just by looking at the Bitcoin holding of the MSTR company. It is possible to achieve the fastest success with Bitcoin alone, as an example, Michael Saylor's Bitcoin policy and strategy are followed by all people.
That is interesting if they might be considered to be competing against one another.
Saylor mostly bitcoin based and Thiel diversifying into various tech sector ideas that include bitcoin, ether and some various other companies and projects. Maybe Thiel's fund is also going to be more actively managed in terms of getting in and out and Saylor will be attempting to continue to add to just bitcoin or bitcoin derivatives that his company creates.
Let's see how it goes.. especially if we might look at a cycle or two down the road.. and whether they are building and/or growing at similar rates or different rates.