Bitcoin ETF

Bitcoin

BlackRock

<ul class="wp-block-list">
 <li>Michael Saylor sees Bitcoin as "digital gold," stressing its importance during tough economic times.</li>  
 <li>Big companies like BlackRock and Fidelity are pushing Bitcoin, showing it's a smart way to protect against inflation.</li>  
 <li>MicroStrategy uses bonds to buy Bitcoin, believing it will bring steady profits and keep shareholders happy.</li> 
</ul>  
<p>Michael Saylor recently shared his thoughts on the increasing interest in cryptocurrencies. He pointed out that Bitcoin's recent surge is largely <a href="https://cryptonewsland.com/banks-face-liquidity-risks-as-global-growth-slows-and-economic-pressures-rise/" target="_blank" rel="noopener noreferrer nofollow">due to global economic challenges</a>, changes in regulations, and growing interest from big institutions.</p>  
<p>He noted that Bitcoin’s image as "digital gold" has become stronger, especially as influential firms like BlackRock view it as a practical reserve asset for nations and a safeguard against economic uncertainty.</p>  
<p>Saylor underlined that Bitcoin is a financial innovation that is poised to prosper in the context of looser monetary policies, not just a new asset class. Institutional growth is facilitated by the Federal Reserve's move toward rate decreases and the SEC's expected regulatory clarity.</p>  
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<p>Notably, BlackRock's spot Bitcoin ETF is drawing cash from Wall Street and creating new avenues for investment. Additionally, Bitcoin's popularity has been accelerated by regulatory endorsements, setting it apart from other cryptocurrencies.</p>  
<h2 class="wp-block-heading" id="h-institutional-backing-fuels-bitcoin-s-rise">Institutional Backing Fuels Bitcoin’s Rise</h2>  
<p>Institutions such as <a href="https://www.forbes.com/sites/digital-assets/2023/03/21/14-trillion-earthquake-fidelity-and-blackrock-are-quietly-laying-the-groundwork-for-the-next-bitcoin-ethereum-and-crypto-price-bull-run/" target="_blank" rel="noopener noreferrer nofollow">BlackRock and Fidelity</a> have aggressively championed Bitcoin, steering their clients towards its potential as a diversified investment. BlackRock’s white paper “Bitcoin: A Unique Diversifier” highlights Bitcoin as a distinct asset.&nbsp;</p>  
<p>Additionally, BlackRock’s endorsement has lent Bitcoin legitimacy, compelling institutions to reevaluate traditional investments. Consequently, many investors are now diversifying portfolios with Bitcoin, given its hedge against inflation and immunity from government intervention.</p>  
<p>Moreover, Saylor believes that the U.S. could benefit strategically by <a href="https://cryptonewsland.com/german-mp-joana-cotar-champions-bitcoin-as-a-national-asset-for-economic-freedom/" target="_blank" rel="noopener noreferrer nofollow">accumulating Bitcoin as a national reserve</a>. He argues that Bitcoin can serve as a stabilizing reserve asset, potentially replacing conventional stores like gold and real estate. Bond-financed investments rather than equity-financed ones show MicroStrategy's concentration on optimizing shareholder value and taking advantage of Bitcoin's growth.</p>  
<h2 class="wp-block-heading" id="h-microstrategy-s-continued-bitcoin-advocacy">MicroStrategy’s Continued Bitcoin Advocacy</h2>  
<p>MicroStrategy strengthened its status as one of Bitcoin’s largest <a href="https://river.com/learn/who-owns-the-most-bitcoin/#:~:text=The%20largest%20holders%20of%20bitcoin,United%20States%20and%20El%20Salvador." target="_blank" rel="noopener noreferrer nofollow">institutional holders</a>, with over 252,220 BTC. Rather than diluting equity, it finances Bitcoin acquisitions through bonds, ensuring robust returns.&nbsp;</p>  
<p>This approach has allowed the company to outperform traditional assets, yielding impressive gains even compared to leading tech stocks. Saylor’s goal is to continue generating annual returns between 6-10%, signaling strong faith in Bitcoin’s potential.</p> 
<p>The post <a href="https://cryptonewsland.com/wall-streets-bitcoin-revolution-saylor-highlights-institutional-backing/" rel="noopener noreferrer nofollow">Wall Street’s Bitcoin Revolution, Saylor Highlights Institutional Backing</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Wall Street’s Bitcoin Revolution, Saylor Highlights Institutional Backing

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