Michael Saylor: Bitcoin will outperform the S&P 500 index in the "foreseeable future".

robot
Abstract generation in progress

On August 10, according to Cointelegraph, Michael Saylor, the executive chairman of Strategy, stated, "I believe the entire encryption economy is experiencing an explosion of innovation, and from a marginal effect perspective, this is good for everyone in the digital asset space. I still think that the vast majority of funds flowing into this space are going into Bitcoin." Saylor also pointed out that in the past six months, the number of companies holding Bitcoin has increased from about 60 to 160. "So I remain laser-focused on Bitcoin." Saylor predicts that Bitcoin will outperform the S&P 500 index in the "foreseeable future." He added, "I believe Bitcoin is digital capital."

BTC0.53%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)