Michael Saylor joked that the wedding cost of Amazon founder Bezos was 600 million, buying BTC is more cost-effective.

Amazon founder Jeff Bezos was reported to be spending $600 million on his wedding. In response, MicroStrategy co-founder Michael Saylor joked in the comments below Bezos's tweet, suggesting that it would be more cost-effective to use the $600 million to buy BTC.

Wedding expenses rumors ignite Bitcoin topic

Recently, foreign media said that Bezos planned to spend $600 million to hold a wedding with his fiancée Lauren Sanchez, but Bezos immediately publicly denied the rumors on Twitter, saying that "as the saying goes, hearing is false, seeing is believing, everyone should be careful not to be deceived." He further said, "I'm still curious, if this incident doesn't happen by then, will the media that have reported it and reprinted it come out to correct it?"

Bezos's rebuttal post.

But the funny thing is, Michael Saylor, co-founder of MicroStrategy, who previously shouted 'BTC reserves' and recommended buying BTC to Microsoft, left a comment below Bezos' post: 'Instead of spending so much money on a wedding, it's better to invest in BTC.' This made many netizens laugh their heads off.

Saylor has always been firm in his stance and supports BTC.

Saylor has long been an advocate of BTC, suggesting that Bezos enter the market at the current price of about $94,500 per BTC and buy 6,349 BTC for $600 million to become a reserve asset.

Saylor has always believed that BTC is an anti-inflation asset and an important tool for preserving value, serving as 'digital gold.' As the CEO of MicroStrategy, Saylor has transformed the company into one of the largest BTC holders globally, currently holding over 440,000 BTC, worth billions of dollars. He emphasizes that BTC's performance in corporate asset allocation surpasses traditional currencies and bonds.

(MicroStrategy buys BTC again, but it drops after being included in the index. Will the cryptocurrency market still have a Christmas rally this year?)

Will Bezos consider BTC

Although Bezos, one of the richest people in the world, has not publicly announced plans to invest in BTC, assuming he enters the crypto market, it is bound to attract widespread attention. And as more and more institutions and high-net-worth users adopt BTC as an asset allocation, Saylor's suggestion may spark more interest in cryptocurrencies.

(Microstrategy Michael Sylor urges Microsoft to implement BTC reserve strategy, market value is expected to increase by 5 trillion magnesium)

This article Michael Saylor ridicules Amazon founder Bezos's wedding expenses: 600 million to buy BTC is more cost-effective first appeared on Chain News ABMedia.