Michael Saylor: The company will not sell any Bitcoin in the short term

ChainCatcher news, MicroStrategy co-founder Michael Saylor stated in an interview with Bloomberg Television on Tuesday that he does not intend to sell any Bitcoin from MicroStrategy in the short term or possibly ever. Saylor said, "Spot ETFs have opened a channel for institutional capital to flow into the Bitcoin ecosystem." (ETFs) are facilitating the digital transformation of capital, with hundreds of millions of dollars flowing daily from the traditional analog ecosystem to the digital economy."

Saylor told Bloomberg that Bitcoin is the "exit strategy." (Note: viewing Bitcoin as a hedge and store of value rather than a simple short-term speculative asset). Saylor indicated that Bitcoin's value has just surpassed one trillion dollars and is competing with asset classes such as gold, real estate, and even the S&P 500, all of which have market capitalizations many times higher than Bitcoin. However, Saylor believes that Bitcoin is superior to all these assets. He said, "We believe that capital will continuously flow from these asset classes into Bitcoin because Bitcoin is technically superior to these asset classes. Therefore, there is no reason to sell the winner and buy the loser."