MicroStrategy’s Saylor Expects to Retain Appeal Even If Bitcoin ETF Is Approved

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MicroStrategy’s Michael Saylor says investors will continue to view his software firm as a Bitcoin proxy even if regulators approve the first US ETF to directly hold the cryptocurrency

proxy even if regulators approve the first US exchange-traded fund to directly hold the cryptocurrency.

A spot Bitcoin ETF should help all Bitcoin-related companies by bringing in billions in additional investments from the likes of large hedge funds, Saylor said Wednesday during a Bloomberg Television interview.

 

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