Strategy Founder Michael Saylor Says Bitcoin Price Will Continue to Rise in the Long Term! Here Are the Details

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2 Min Read

Technique founder Michael Saylor stated in a latest interview that Bitcoin is now firmly established as “digital gold” and its worth will proceed to rise in the long term.

Michael Saylor: “Bitcoin is now digital gold and its worth will proceed to rise”

The approval of Bitcoin ETFs within the U.S. final 12 months accelerated market acceptance of Bitcoin as a retailer of worth, Saylor stated. Moreover, the March 2025 Cryptocurrency Summit additional strengthened this view.

Thaler reminded that gold-backed loans have traditionally held an necessary place within the Western monetary system and stated that Bitcoin as digital capital types the idea of a brand new technology of credit score merchandise.

Saylor highlighted that the expansion of the digital finance sector is accelerating, saying that the method of tokenization of cash, shares, bonds, and different actual belongings is giving vital momentum, particularly to networks like Ethereum.

Noting the significance of institutional adoption, Thaler stated main banks comparable to JPMorgan, Citibank, and Wells Fargo have lately revised their crypto insurance policies and began accepting Bitcoin and Ethereum as collateral.

Thaler recalled that MicroStrategy was the primary devoted Bitcoin firm to obtain an S&P credit standing, and stated the corporate’s merchandise are favored by many institutional traders, together with BlackRock’s PFF Fund.

He emphasised that the corporate’s final aim is to attain a $300 billion Bitcoin portfolio and increase the worldwide adoption of Bitcoin by digital lending instruments.

*This isn’t funding recommendation.

See also  Tesla Rides Bitcoin Rally To $80 Million Profit In Q3
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