Home > Quick > Body

Michael Saylor: The price of bitcoin will rise again at the end of the year, and the current core narrative of bitcoin is institutional hoarding

clock
2025-09-24 04:12:04
In an interview with CNBC today, Michael Saylor, founder of Strategy, said that the real story of bitcoin at the moment is the acceptance of enterprises. Large ETFs such as BlackRock continue to acquire bitcoin, which accounts for all the natural supply, and they represent the interests of institutional investors. And those 180 bitcoin reserve companies, buying even more than the supply of miners. I think the price of bitcoin will start to rise again by the end of the year as we overcome the recent resistance and some macro headwinds.
In addition, in the interview, Michael Saylor re-emphasized the idea that Bitcoin is digital gold. Bitcoin is a technological version of gold, digital gold. In my opinion, it will be ten times the size of gold. "
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.