MicroStrategy CEO: Bitcoin is going up forever

MicroStrategy CEO Michael Saylor said Monday that Bitcoin (BTC-USD) is "going up forever," although the cryptocurrency will likely continue to experience bouts of volatility. The chief executive of MicroStrategy (NASDAQ:MSTR), which provides business intelligence software but has also become a heavy purchaser of Bitcoin, told CNBC that the firm will continue to purchase the cryptocurrency based on market conditions. "I think for the decade, Bitcoin is going to be the strongest, hardest, most technically forward store of value in the economy," he said. Saylor, who also serves as the MSTR's chairman, reported that the company was open to using debt or equity to fund its growing stockpile of Bitcoin (BTC-USD). "We will continue to acquire it, quarter by quarter, time to time, either with cash flows or with debt or with equity, just depending on market circumstances and what looks more accretive to our shareholders," he stated. Turning to other