MicroStrategy Chairman Michael Saylor said that there is demand for Bitcoin 10 times the supply.
In a recent interview with CNBC, Michael Saylor reiterated his confidence in Bitcoin while pointing to its growing demand. Especially with the US approving spot Bitcoin ETFs a decade of pent-up demand has been unleashed Pointing out, Saylor implied that the real money flow towards Bitcoin had finally begun.
on the other hand limited to 21 million The demand for Bitcoin supply is increasing like an avalanche and the current situation is Demand is 10 times the supply he emphasized.
A similar comment was made recently Samson Mow, CEO of Pixelmatic It also came from. Samson Mow average in a day 900 BTC is produced but i spot Bitcoin ETF per day More than 9 thousand Bitcoins indicating that he got 10 times the demand had revealed.
Saylor stated that he thinks this demand will increase unpredictably thanks to its combination with the mainstream, and pointed out a serious buying pressure on the price:
There is a 10-year pent-up demand on Bitcoin, which was revealed with the spot Bitcoin ETF approvals. Finally, mainstream investors have access to Bitcoin, and I think that’s what’s driving capital growth in the asset class.
Praising the innovative structure of Bitcoin and describing it as a financial revolution, Saylor said that MicroStrategy accumulate more Bitcoin and said it would rebrand as a company that reflects its strategy to fuel the growth of the Bitcoin network:
This is a natural decision for us given the success of our Bitcoin strategy and our unique status as the world’s largest Bitcoin-holding public company.