Bitcoin is less risky than bonds, says Michael Saylor

MicroStrategy CEO Michael Saylor believes that bitcoin is less risky than bonds. He made the statement after making a big bet on fidelity, which recently launched a Bitcoin 401 (k) offer to its clients.

Seller told CNBC that he was pleased with Fidelity's latest offer and believed it would pay off in the long run. Fidelity Investments has become a retirement plan provider in the United States to offer Bitcoin as an alternative to a 401 (k) account.

The asset management firm says it will introduce the Bitcoin 401 (k) option to its clients in the middle of the year. Loyalty Management has more than 2.7 trillion in assets and is currently the largest 401 (k) provider in the United States.