That Saylor is a bitcoin bull will not exactly come as breaking news, but he took note of a number of specific near- to medium-term catalysts.
"You're going to see $12 billion of natural selling per year converted into $6 billion of natural selling per year," he said. At the same time, he noted, spot bitcoin ETFs are going to be a source of increased buying pressure. "For the industry to move to the next level," said Saylor,"we need to migrate to adult supervision. We need to rationalize away from the 100,000 crypto tokens ... that people are manipulating to bitcoin."
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