Michael Saylor, the founder of MicroStrategy (now rebranded as Strategy), recently made waves with his comments on Bitcoin’s market decline.
As one of the most prominent institutional advocates for Bitcoin, Saylor humorously advised investors to hold onto their BTC, even jokingly suggesting, “Sell your kidney if necessary, but don’t sell your Bitcoins, keep them.”
In addition to his public encouragement for Bitcoin holders, Saylor has been actively involved in discussions about the creation of a U.S. Bitcoin reserve. He met with U.S. Representative French Hill to explore the potential of establishing a strategic Bitcoin reserve.
According to Saylor, his conversation with the House Financial Services Committee was centered around how digital assets could help the U.S. take the lead in Bitcoin and crypto innovation.
Saylor emphasized that digital assets could revolutionize payment systems and open up new avenues for capital access.
He expressed optimism about the committee’s ongoing work toward developing a clear legal framework to propel the U.S. as the global leader in cryptocurrency, in alignment with former President Trump’s vision of making the country the world’s crypto capital.
Matt Hougan, CIO at Bitwise Asset Management, believes a powerful shift is underway—one that could reshape how companies manage their capital.
As more corporations embrace Bitcoin as a strategic asset, Mercurity Fintech is entering the arena with an ambitious $800 million fundraising effort aimed at building a long-term BTC reserve.
Michael Saylor, executive chairman of MicroStrategy, believes Bitcoin is on a long-term path to unprecedented highs, predicting it could eventually reach $1 million per coin.
BitMEX co-founder Arthur Hayes is warning traders to prepare for rough waters ahead, as global markets brace for another round of economic tension.