Michael Saylor Once Told NFL Star Saquon Barkley To 'Throw It All In' On Bitcoin, And The Eagles Running Back Wished He Had Heeded The Advice - Yahoo Finance
Michael Saylor, the co-founder and executive chairman of MicroStrategy, once encouraged NFL running back Saquon Barkley to invest heavily in Bitcoin. Barkley, who currently plays for the Philadelphia Eagles, recently reflected on this advice and expressed regret for not following through.
During a podcast appearance, Barkley revealed that Saylor had urged him to "throw it all in" on Bitcoin, suggesting that the cryptocurrency was poised for significant growth. At the time, the price of Bitcoin was much lower than its current valuation. Barkley, however, chose to be cautious about the investment, a decision he now questions as he observes the cryptocurrency's rising popularity and value.
Barkley’s hesitation highlights a common dilemma among athletes and individuals in high-income brackets who are often approached for investment advice. While some choose to invest in emerging technologies or assets, others remain skeptical, leading to potential missed opportunities. In hindsight, Barkley noted that he wished he had taken Saylor's recommendation more seriously, reflecting on the substantial returns that early Bitcoin investors have seen.
The conversation around Bitcoin and its potential continues to grow, with many financial experts advocating for its inclusion in diversified investment portfolios. As the landscape of digital assets evolves, athletes and celebrities are increasingly becoming involved, either as investors or influencers in the crypto space.
Barkley's experience serves as a cautionary tale for those who may be hesitant to embrace new financial opportunities. With Bitcoin reaching new heights, it’s essential for potential investors to conduct thorough research and consider expert advice, similar to what Saylor provided to Barkley.
Key Takeaways
- Michael Saylor advised NFL star Saquon Barkley to invest heavily in Bitcoin, which he later regretted not doing.
- Barkley reflects on the missed opportunity as Bitcoin's value continues to rise.
- The incident highlights the challenges athletes face when making investment decisions.
- The growing interest in cryptocurrencies underscores the importance of informed investment strategies.
This article was inspired by reporting from Google News Crypto. · Report an issue