MSTR - MicroStrategy's Michael Saylor Vows To 'Hold Forever' Eyes Bitcoin's Long-Term Dominance | Benzinga
Michael Saylor, executive chairman and former CEO of MicroStrategy Inc (NASDAQ: MSTR), reiterated on Tuesday his bullish stance on Bitcoin (CRYPTO: BTC), emphasizing his "buy and hold" strategy despite paper gains exceeding 70%.
ETFs Fueling Institutional Interest
Responding to concerns about sourcing new Bitcoin with the emergence of spot ETFs in an interview with Bloomberg TV, Saylor painted a positive picture.
He described the ETFs as a "gateway" for institutional capital, attracting significant demand that outpaces daily miner supply by eight to 10 times.
This surge in institutional adoption, he asserted, ...