Saylor Sees Bitcoin Regulation as Greenlight For More Institution Inflows
MicroStrategy CEO Michael Saylor isn’t concerned with the prospect of stricter Bitcoin regulations. Instead, he sees impending future regulation, if any, as good for the industry in that it would greenlight more institutional inflows. Saylors Says Regulation Will be Good For Bitcoin In a Bloomberg interview, Saylor was asked if he has anxiety about holding […]
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Cardano and Solana have led the charge of altcoins in the recent round of inflows into the crypto market. Altcoins saw increased inflows alongside bitcoin, which had seen increasing interest from investors after the first bitcoin ETF had been approved and began trading last week. Last week recorded the highest amount of institutional inflows coming into the market. Institutional investors are now upping their stake in the market with the recent gains recorded across the market. Most notably has been the price of bitcoin which had broken a new all-time high following the trading of the....
The MicroStrategy CEO sees Ethereum as a serious competitor to the financial industry. MicroStrategy chief Michael Saylor has room in his heart for other cryptocurrencies aside from Bitcoin, the billionaire revealed on an episode of CNBC’s Fast Money, in which he aired his views on the industry and where he sees things going in the future.In the interview with CNBC’s senior retail reporter Courtney Reagan on Tuesday, Saylor was initially asked why the software firm keeps buying BTC. The question referred to the company's June 14 announcement it may sell up to $1 billion worth of stock for....
MicroStrategy has been topping its bitcoin holdings in the last year and is now the public company with the largest bitcoin holdings in the world. Presently, the firm holds over 124K BTC on its balance sheet, worth over $5 billion, remaining in profit despite the recent downtrend. However, with such a large holding, one tends to wonder what the company plans to do with the digital asset in the future. Bitcoin Is Unstoppable MicroStrategy CEO Michael Saylor was on CNBC to talk about the future of the firm which had made a name for itself due to its various bitcoin buys. Saylor who is a big....
Bitcoin-bull Michael Saylor of MicroStrategy gives his expectations for the next round of institutional buyers coming into the space. What’s surprising is that Saylor believes governments, via sovereign wealth funds, are next in line to buy. Saylor Believes Bitcoin Over Gold is The Smart Play When it comes to the question of wealth preservation, parallels […]