Michael Saylor made waves by unequivocally stating on CNBC that Bitcoin does not need to replace fiat currency to succeed.
According to MicroStrategy's CEO, Michael Saylor, ETF and AI will lead to an institutional rush towards Bitcoin until 2034!
According to latest reports, MicroStrategy's investments in bitcoin (BTC) are proving to be very profitable. Despite some suggestions, the company seems determined not to cash out these profits. On the contrary, it is doubling down on its acquisition strategy as evidenced by MicroStrategy's recent significant purchases of bitcoins. This is happening as the price of the leading cryptocurrency continues its remarkable surge.
Is Bitcoin really intended to replace fiat currency? Is it really possible, or even desirable? What is its true primary utility?
Unperturbed in the face of headwinds, Michael Saylor tirelessly continues his quest to accumulate more bitcoins for MicroStrategy. The company has once again added 3,000 BTC to its reserves.
Michael Saylor came back on Bloomberg to preach the good word about Bitcoin.
Bitcoin (BTC) is experiencing a remarkable resurgence. An opportunity that is always seized upon by Michael Saylor, the co-founder of MicroStrategy, to share his thoughts on what he believes will happen to the flagship cryptocurrency in the future. His projections regarding Bitcoin (BTC) are rarely pessimistic.
"Wall Street loves bitcoin. They are buying 12.5 times more bitcoins per day than the network can produce," astutely notes crypto trader Pomp on Twitter. According to him, daily acquisitions far exceed the network's production, reaching up to 12.5 times more. For Michael Saylor of MicroStrategy, Bitcoin spot ETFs have played a crucial role in popularizing cryptocurrency, thus propelling its price to new heights.
Michael Saylor conducted a survey on X to find out where Bitcoiners intend to sell a portion of their bitcoins.
Bitcoin is back in the top 10 most valued assets in the world. The throne is in sight.
For Michael Saylor, Bitcoin doesn't need to replace fiat currency to reach several hundred trillion dollars.
In a 1.5-hour interview, Michael Saylor revealed the catalysts for the next Bitcoin bull run.
The first domino of the bull run has fallen. U.S. companies will soon be able to account for their Bitcoin holdings at their fair value.
One thing's for sure: as long as the price of bitcoin remains correct, Microstrategy won't part with its holdings, says broker Bernstein. Michael Saylor's company has built up a solid reputation, but nothing can match its firm belief in the most famous of cryptocurrencies.
The news about the queen of cryptocurrencies is closely followed, and predictions about its future are multiplying by the day. The digital asset has been experiencing an upward trend for the past few days, much to the delight of Bitcoiners. Many analysts agree that it is destined for better days. Renowned investor Michael Saylor is among those who believe this and has recently shared the reasons why he believes Bitcoin (BTC) will continue to dominate the cryptocurrency market for a long time.
Michael Saylor made statements on Bloomberg that stand in stark contrast to what we have been hearing from "Austrian" economists.
During the Bitcoin 2023 conference in Miami, Michael Saylor, Executive Chairman and Co-founder of MicroStrategy, shared his thoughts on the superiority of Bitcoin. He also took the opportunity to express his views on crypto regulation in the United States, questioning whether the uncertainty and regulatory ambiguity are deliberate.
Legendary investor Michael Saylor to speak at Europe’s largest Bitcoin conference BTC Prague. Bitcoin conference will take place in Prague.