Michael Saylor: MicroStrategy Is the Closest to Investing in Bitcoin Spot ETF

to MicroStrategy’s Michael Saylor, investors should not desperately anticipate it but allocate some of their wealth to his company.A Bitcoin spot ETF invests directly in BTC, meaning that buyers will have exposure to the leading digital asset without holding and storing it on platforms or in private wallets. Keeping in mind that MicroStrategy owns over 129K BTC, worth more than $5.

“If you want to be 2% exposed to bitcoin, you’d put 2% of your portfolio into MicroStrategy, and the other 98% of your portfolio, you can invest in whatever you want. They don’t want the CEO of a publicly-traded company to be unpredictable and random.”that his intelligence company has no intentions of pivoting from its BTC strategy. Moreover, he said it will continue to accumulate and hold the asset on a macroeconomic level.

The executive believes this concept is appropriate since his company generates considerable revenue, which should not be held in depreciating assets such as the American dollar. It is much wiser to convert the cash flows into bitcoin, which has the potential to increase its valuation in time, he argued:“As we generate gash flows, we think that the responsible thing to do for our shareholders is we convert currency which is devaluing, into an asset which is appreciating.

“Bitcoin has been embraced. The administration has given a green light to Bitcoin. Politicians are now competing who’s the most pro-bitcoin.”

Hm... thats a good idea. crypto

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