Corporate giants may not follow MicroStrategy's Bitcoin adoption play, Raoul ...

Corporate giants may not follow MicroStrategy's Bitcoin adoption play, Raoul ...

Communication is key, especially when it comes to explaining Bitcoin to mainstream corporate entities. Earlier this year, business intelligence giant MicroStrategy put $425 million of its treasury funds into Bitcoin (BTC). The move was largely seen as a big step in the right direction for mainstream Bitcoin adoption. MicroStrategy, with its CEO and founder Michael Saylor — a Bitcoin skeptic-turned bull — may not usher in massive corporate adoption for crypto's pioneering asset, however, according to former hedge funder Raoul Pal. "I don't think Michael is going to drive corporate adoption....


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