"Bitcoin, a trading asset in the short term… a financial asset in the long term"

Source
Suehyeon Lee

Summary

  • Michael Saylor, chairman of MicroStrategy, mentioned that Bitcoin functions as a trading asset in the short term.
  • He stated that Bitcoin will serve as a financial asset in the long term.
  • It was mentioned that the recent increase in companies strategically accumulating Bitcoin and Saylor's remarks on the BTC purchase size are drawing greater investor attention.

Michael Saylor, chairman of MicroStrategy, stated that Bitcoin (BTC) will serve as a financial asset in the long run.

On the 2nd (local time), Saylor said through his X account, "Bitcoin functions as a trading instrument that leverages price volatility in the short term, but in the long run, it will serve as a financial asset."

This perspective is being highlighted further in line with the recent trend of more companies strategically accumulating Bitcoin. Meanwhile, in an interview with CNBC the previous day, Saylor remarked, "I don't think purchasing 3~7% of Bitcoin's supply is a lot. It is possible to buy up to 1.5 million BTC."

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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