EddieJayonCrypto
13 Feb 24
Michael Saylor, the co-founder and executive chairman of MicroStrategy, discussed the impact of ETF-driven demand on bitcoin's price during a CNBC interview. He attributed the surge to a massive imbalance in the crypto's supply and nearly a decade of pent-up demand for retail accessible BTC products...
During a recent CNBC interview, Michael Saylor, co-founder and executive chairman of MicroStrategy, discussed the ETF-driven demand surge for bitcoin, pointing to the massive supply-demand imbalance in the cryptocurrency market.
He attributed the recent surge to nearly a decade of pent-up demand for retail accessible BTC products. Saylor also announced that MicroStrategy is undergoing a re-branding, positioning itself as a bitcoin development company to drive the growth of the Bitcoin network.
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