Michael Saylor: Approval of spot Ethereum ETF may be more beneficial to BTC
MicroStrategy founder Michael Saylor believes that the approval of the Ethereum ETF spot brings "another good news for Bitcoin."
JinseFinanceMicroStrategy founder Michael Saylor believes that the approval of the Ethereum ETF spot brings "another good news for Bitcoin."
JinseFinanceMichael Saylor strategically sells MicroStrategy stock, netting $372.7M amidst 80% surge. Actions part of pre-arranged plan, not indicative of confidence. Move coincides with company's valuation rise. Saylor anticipates Bitcoin halving event, remains optimistic about MicroStrategy's future as leveraged Bitcoin investment.
Xu LinMicroStrategy Chairman Michael Saylor asserts Bitcoin's superiority over gold amidst surge in gold prices. With over 214,246 Bitcoin amassed, Saylor reaffirms bullish stance. Bitcoin's outperformance and upcoming options contract expiry contribute to market volatility.
Xu LinSaylor said that Bitcoin is definitely at least digital gold and it will eat up gold. It has all the advantages of gold without any of its disadvantages.
JinseFinanceMichael Saylor subtly acknowledges Elon Musk's historic Dogecoin tweet, drawing parallels between their references to "The Godfather" and "The Dogefather." Dogecoin currently trades at $0.07828, reflecting market fluctuations. Elon Musk's impact on Bitcoin's price and Tesla's shifting stance on cryptocurrency payments add complexity to the evolving crypto narrative. Analysts anticipate Bitcoin reaching $48,000-$51,000, highlighting the dynamic nature of the market.
BerniceMicroStrategy CEO Saylor sells $216M MSTR shares for personal Bitcoin acquisition. Market responds negatively; firm's BTC holdings signal long-term bullish stance despite short-term market apprehension.
Huang BoMichael Saylor's shift from Bitcoin skeptic to advocate contrasts with SEC Chair Gensler's anti-crypto stance, exploring changing perspectives in crypto.
Xu LinThe soon-to-be former CEO said splitting the roles of MicroStrategy's chief executive officer and chair would help the firm pursue its strategy of "acquiring and holding Bitcoin."
CointelegraphThe MicroStrategy CEO argued that ETH is a security as it was issued via an ICO and its network has had many fundamental changes over the years.
Cointelegraph