Ross Gerber Replaces Bitcoin With Gold In Michael Saylor's Strategy To Make A Point: 'This Actually Costs Money And Destroys Value'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Renowned investor Ross Gerber made a thinly veiled jibe at Strategy Inc.'s (NASDAQ:MSTR) model of holding Bitcoin (CRYPTO: BTC) on Tuesday, proposing a similar company focused on purchasing and storing gold. Gerber Proposes Gold-Buying ‘Strategy’ Gerber sarcastically pitched opening a public company that buys gold. Investors could then buy shares in this company at a “1.5x premium” to the value of gold it ...