- “We’re running our business to be an intelligently levered spot bitcoin ETF,” Saylor said during the Exchange ETF conference
- The price of a bitcoin could hit $10 million or beyond, the CEO said
MicroStrategy CEO Michael Saylor called US Treasury Secretary Janet Yellen’s recent address on digital assets “probably the single-most important speech of the 21st century.”
Yellen discussed regulation around digital assets during an event last week at American University in Washington, D.C, noting that risk-managed innovation “should be embraced” and calling for “tech neutral” regulation.
The talk came just weeks after President Joe Biden signed an executive order urging government agencies to work together to study the “responsible development” of digital assets.
“That’s a green light to the entire economy,” Saylor said Tuesday during a panel at the Exchange ETF conference in Miami Beach. “All of the people who thought [bitcoin] was a Ponzi scheme are getting silenced. All the people that said it’s perfect and too good to be true, so the government will take it away from me, they’re getting silenced.”
Saylor has been one of bitcoin’s most outspoken advocates, and MicroStrategy is among the world’s largest…
