Reported 2 days ago
Michael Saylor, Executive Chairman of Strategy, argues that Bitcoin's recent price stability signifies strength and a consolidation phase, as long-time holders sell portions of their assets, enabling institutional investment to grow. He believes that Bitcoin's transformation into a collateralized asset can bolster yields and draw in more capital while rejecting criticisms of its lack of cash flow, highlighting its potential for substantial future growth in the market.
Source: YAHOO