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Michael Saylor: Republicans Take Pro-Crypto Stance as Democrats Drift to the Middle

Scott Liu

Summary: MicroStrategy's Executive Chairman, Michael Saylor, expressed that Republicans have embraced a progressive view on cryptocurrency, particularly Bitcoin, as opposed to Democrats who, according to him, are now moving more toward a centrist position. During his CNBC appearance, Saylor highlighted the growing support for crypto within the Republican party, especially under former President Trump’s leadership. Saylor ...

MicroStrategy's Executive Chairman, Michael Saylor, expressed that Republicans have embraced a progressive view on cryptocurrency, particularly Bitcoin, as opposed to Democrats who, according to him, are now moving more toward a centrist position. During his CNBC appearance, Saylor highlighted the growing support for crypto within the Republican party, especially under former President Trump’s leadership. Saylor also restated his optimistic forecast for Bitcoin, predicting its value to reach $13 million within the next two decades. Despite Bitcoin's recent price drop to around $53,000, Saylor remains bullish about its long-term prospects, asserting that Bitcoin will represent 7% of global capital in the future. MicroStrategy, which owns over $8.3 billion in Bitcoin, continues to stand firm in its Bitcoin-centric strategy.

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Link: Michael Saylor: Republicans Take Pro-Crypto Stance as Democrats Drift to the Middle   [Copy]
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