{"id":22699,"date":"2023-08-04T06:46:30","date_gmt":"2023-08-04T06:46:30","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/microstrategy-chairman-vouches-for-bitcoin-exposure-via-stocks-amid-potential-etf-launch\/"},"modified":"2023-08-04T06:46:30","modified_gmt":"2023-08-04T06:46:30","slug":"microstrategy-chairman-vouches-for-bitcoin-exposure-via-stocks-amid-potential-etf-launch","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/microstrategy-chairman-vouches-for-bitcoin-exposure-via-stocks-amid-potential-etf-launch\/","title":{"rendered":"MicroStrategy Chairman Vouches for Bitcoin Exposure via Stocks Amid Potential ETF Launch"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
\n<\/p>\n

\n

Even if a spot Bitcoin exchange-traded fund (ETF) materializes, says Michael Saylor, chairman of MicroStrategy<\/strong> <\/a>(MSTR), his software firm will continue to be a top choice for investors wanting exposure to Bitcoin (BTC) without actually purchasing it. Saylor emphasized the potential inflow of billions of dollars into the Bitcoin market should one of the nine applications now pending with the Securities and Exchange Commission (SEC) be approved by regulators. In this piece, we examine Saylor\u2019s opinions on the implications of the establishment of a spot ETF and the ongoing contribution of MicroStrategy to the changing crypto scene.<\/p>\n

Spot ETF to Inject Billions into the Bitcoin Market<\/strong><\/h2>\n

Saylor stressed the need of a spot ETF clearance in an interview with Bloomberg TV. Such permission would encourage significant investment in the Bitcoin market, which would be advantageous for businesses like MicroStrategy, whose balance sheets now contain a sizable quantity of the digital commodity. Saylor compared the shares of MicroStrategy to a \u201cfast car\u201d for investors to boost their exposure to Bitcoin. On the other side, a recognized spot ETF would serve as the \u201csuper tanker,\u201d supplying the energy required to maintain high Bitcoin prices. He thinks that the whole crypto ecosystem would benefit from this.<\/p>\n

\n
\n
\n
\n
\n
Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong> <\/p>\n

New players only. Welcome Bonus – 125% bonus on your first deposit up to $2,500<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

MicroStrategy- A Leading Option for Bitcoin Exposure<\/strong><\/h2>\n

Investors looking for a way to indirectly access bitcoin have started to choose MicroStrategy, which is well recognized for having sizable holdings in the digital currency. The corporation just acquired an additional $341 million in the second quarter, bringing its total Bitcoin holdings to over $4.5 billion. MicroStrategy reaffirmed its support to the cryptocurrency with a daring move by announcing its desire to sell up to $750 million of stock in order to buy additional Bitcoin.<\/p>\n

MicroStrategy\u2019s Bitcoin Strategy | A Boon for Investors<\/strong><\/h2>\n

MicroStrategy has achieved a phenomenal 254% return since implementing its Bitcoin strategy, which entails turning all profits from its primary software intelligence company into Bitcoin. According to a research analysis by TD Cowen, this outperformance surpasses the cryptocurrency\u2019s 145% growth within the same time frame. Investor interest in the strong returns has led to a huge increase in MicroStrategy\u2019s stock price this year, up by roughly 170% while Bitcoin itself increased by more than 70%.<\/p>\n<\/p><\/div>\n

Source link <\/a>
\n
<\/p>\n","protected":false},"excerpt":{"rendered":"

(Originally posted on : Crypto News – iGaming.org ) Even if a spot Bitcoin exchange-traded fund (ETF) materializes, says Michael Saylor, chairman of MicroStrategy (MSTR), his software firm will continue to be a top choice for investors wanting exposure to Bitcoin (BTC) without actually purchasing it. Saylor emphasized the potential inflow of billions of dollars […]<\/p>\n","protected":false},"author":34,"featured_media":22700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22699"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22699"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22699\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22700"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}