MicroStrategy's Saylor Highlights Bitcoin ETFs Driving Price Surge Amid Supply Shortage
In a recent CNBC interview, Michael Saylor, co-founder and executive chairman of MicroStrategy, shed light on the significant demand for Bitcoin outweighing its supply, primarily due to the advent of spot Bitcoin exchange-traded funds (ETFs). Saylor pointed out a tenfold increase in demand from these ETFs compared to the natural supply from miners, sparking a surge in Bitcoin prices.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
