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Michael Saylor: Bitcoin is digital capital, and the number of holding institutions has greatly increased.
[Block Rhythm] On August 10, it was reported that Strategy company's executive chairman Michael Saylor stated, "I believe the entire encryption economy is experiencing an explosion of innovation, and from the perspective of marginal effects, this is a good thing for everyone in the digital asset space. I still believe that the vast majority of funds flowing into this space are headed towards Bitcoin."
Saylor also pointed out that the number of companies holding Bitcoin has increased from about 60 to 160 in the past six months. "So I remain laser-focused on Bitcoin."
Saylor predicts that Bitcoin will outperform the S&P 500 index in the "foreseeable future." He added, "I believe Bitcoin is digital capital."