![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Bitcoin's Biggest Cheerleader, Michael Saylor, Doubles Down on His Belief That BTC Isn't Just the Future, It's the Investment Opportunity of a Lifetime
Apr 23, 2025 at 02:45 pm
MicroStrategy co-founder Michael Saylor opens up about his early Bitcoin days, admitting he was so obsessed when he first learned about it that he could barely sleep.
MicroStrategy (NASDAQ:) co-founder Michael Saylor, known as Bitcoin's biggest cheerleader, has shared his thoughts on the cryptocurrency's price and how its market is maturing.
In a recent interview with David Lin, Saylor discussed his early days of learning about Bitcoin, which he described as being so interesting that he couldn't sleep. He was so obsessed with the cryptocurrency that he was afraid someone else would figure it out before him and buy it all.
"I couldn't sleep because I was so interested in it. I was afraid someone else would figure it out before me and buy it all," Saylor shared.
This obsession led Saylor to become one of Bitcoin's loudest and most influential advocates, transforming the way both Wall Street and retail investors approach the cryptocurrency. Some argue that the reason major institutions are finally investing in Bitcoin is because Saylor kept talking about it and people listened.
However, with Bitcoin's price steadily rising and major players like BlackRock (NYSE:), Fidelity, and other financial institutions entering the crypto arena, it might seem harder for Saylor to keep adding to his stack. But the MicroStrategy CEO believes this is exactly how Bitcoin was designed to work.
"It gets exponentially harder to acquire Bitcoin over time—and that's what makes it valuable and secure," Saylor explained.
Saylor also noted how the crypto industry has matured in recent years. Risky, overleveraged companies like FTX and Terra Luna are no longer the primary drivers of the market. Instead, established financial institutions with "permanent capital" are entering the industry, reducing volatility and making Bitcoin a more stable, long-term asset.
During the conversation, Saylor predicted that Bitcoin could reach a price of $10 million per coin, and even then, he wouldn't stop buying.
"I bought it at $10,000, I'll buy it at $100,000, at a million, and at $10 million," Saylor stated. "Because by then, the entire ecosystem will be less risky and it'll still be a better bet than the S&P 500 or a warehouse in Siberia."
Furthermore, Saylor shared his perspective on how mainstream adoption of Bitcoin will unfold. He believes that the day your bank offers to buy Bitcoin for you on your phone is the day a single Bitcoin will already cost a million dollars. And when banks start recommending Bitcoin to customers like a hot stock tip, then Bitcoin's price could be pushing $10 million.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- title: A closely followed analyst believes that the crypto markets are primed for a corrective move following strong rallies over the past couple of weeks.
- Apr 30, 2025 at 08:25 am
- Pseudonymous analyst Altcoin Sherpa tells his 245200 followers on the social media platform X that he thinks “a dip is going to come soon,” but he doesn't see any reason to be super bearish once the correction takes place.
-
-
- SEC Delays Decision on Whether to Approve Listing of Franklin Templeton's XRP ETF, Extending Review Period by 45 Days
- Apr 30, 2025 at 08:20 am
- The U.S. Securities and Exchange Commission (SEC) has delayed a decision on whether to approve the listing of Franklin Templeton's proposed exchange-traded fund (ETF) tied to XRP
-
- Celsius Network Founder Alexander Mashinsky Faces 20-Year Prison Sentence for Orchestrating a Large-Scale Financial Fraud
- Apr 30, 2025 at 08:20 am
- The crypto world was rocked once again this week as Alexander Mashinsky, the former CEO and founder of Celsius Network, faces a potential 20-year prison sentence
-
-
-
- Coinbase's layer-2 network Base received Phase 1 decentralized status
- Apr 30, 2025 at 08:10 am
- input: Coinbase’s layer-2 network Base received Phase 1 decentralized status, announced Hsiao-Wei Wang, co-director of the Ethereum foundation. Base is one of the most widely used L2 chains linked to Ethereum, aiming to increase its tokenization activity.
-
-
- XRP Price May Be Hiding a Brewing Storm, Promises Jake Claver, Managing Director of Digital Ascension Group
- Apr 30, 2025 at 08:05 am
- XRP's price has remained frustratingly stagnant despite increasing regulatory clarity, rising institutional involvement, and a steady expansion of real-world use cases. But according to Jake Claver, Managing Director of Digital Ascension Group, this range-bound movement may be hiding a brewing storm.