Michael Saylor of MicroStrategy Predicts Bitcoin Surge as Banks Endorse It and Risks Are Eliminated

Michael Saylor, co-founder and executive chairman of MicroStrategy, described bitcoin as a “historic entry point” and predicted a strong upward movement as Wall Street and the U.S. government increasingly support the cryptocurrency. Saylor stated that the risks associated with bitcoin have largely been eliminated. He emphasized that when banks officially endorse bitcoin and experts agree on its value, demand will surge to the point where everyone will want to buy it, no one will need to sell it, and it will become unaffordable for many investors. This outlook reflects growing institutional acceptance of bitcoin and suggests a bullish future for the digital asset. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant