MicroStrategy Inc. (NASDAQ: MSTR) co-founder Michael Saylor emphasized Bitcoin's potential as an institutional asset class and store of value Bitcoin (CRYPTO: BTC) in a video published on Monday.
"2024 is the year of birth of Bitcoin as an institutional-grade asset class," Saylor stated.
Bitcoin's evolution into a recognized asset class is a milestone comparable to the conversion of gold into ETFs and the creation of the S&P index ETF, he added. See video below.
Listen to Michael @Saylor explain why his company owns $8,200,000,000 of #bitcoin pic.twitter.com/E7BuH55qmt
— Documenting ?itcoin 📄 (@DocumentingBTC) February 7, 2024
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