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PANews reported on October 29th that Michael Saylor, co-founder of MicroStrategy, revealed in a recent interview that Bitcoin has been clearly positioned as digital gold, a store of value. He mentioned that since the US government approved a Bitcoin ETF last year, a consensus on Bitcoin as digital gold has gradually formed in the market, and the crypto summit in March of this year further solidified this view. He also pointed out that gold-backed credit once dominated the Western monetary system, and as digital capital, Bitcoin's superstructure of digital credit instruments is also developing rapidly. Furthermore, he mentioned the rapid growth of the digital finance sector over the past year, including the tokenization of currencies, stocks, bonds, and other real-world assets, which has provided a significant boost to proof-of-stake networks like Ethereum. He emphasized that institutional acceptance of Bitcoin is a key factor in the industry's future development. Recently, several large banks, including JPMorgan Chase, Citigroup, and Wells Fargo, have adjusted their crypto policies, beginning to accept Bitcoin and Ethereum as collateral, marking a significant shift in the attitude of traditional financial institutions towards crypto assets. Saylor also mentioned that MicroStrategy is the first Bitcoin vault company to receive an S&P credit rating, and its products have attracted institutional investors, including BlackRock's PFF fund. Furthermore, he predicted that Bitcoin prices will continue to rise in the future and stated that the company's goal is to promote wider adoption of Bitcoin through digital lending instruments, ultimately aiming to purchase $300 billion worth of Bitcoin.PANews reported on October 29th that Michael Saylor, co-founder of MicroStrategy, revealed in a recent interview that Bitcoin has been clearly positioned as digital gold, a store of value. He mentioned that since the US government approved a Bitcoin ETF last year, a consensus on Bitcoin as digital gold has gradually formed in the market, and the crypto summit in March of this year further solidified this view. He also pointed out that gold-backed credit once dominated the Western monetary system, and as digital capital, Bitcoin's superstructure of digital credit instruments is also developing rapidly. Furthermore, he mentioned the rapid growth of the digital finance sector over the past year, including the tokenization of currencies, stocks, bonds, and other real-world assets, which has provided a significant boost to proof-of-stake networks like Ethereum. He emphasized that institutional acceptance of Bitcoin is a key factor in the industry's future development. Recently, several large banks, including JPMorgan Chase, Citigroup, and Wells Fargo, have adjusted their crypto policies, beginning to accept Bitcoin and Ethereum as collateral, marking a significant shift in the attitude of traditional financial institutions towards crypto assets. Saylor also mentioned that MicroStrategy is the first Bitcoin vault company to receive an S&P credit rating, and its products have attracted institutional investors, including BlackRock's PFF fund. Furthermore, he predicted that Bitcoin prices will continue to rise in the future and stated that the company's goal is to promote wider adoption of Bitcoin through digital lending instruments, ultimately aiming to purchase $300 billion worth of Bitcoin.

Michael Saylor: Bitcoin has been clearly positioned as digital gold, and its price will continue to rise in the future.

2025/10/29 16:50

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Furthermore, he mentioned the rapid growth of the digital finance sector over the past year, including the tokenization of currencies, stocks, bonds, and other real-world assets, which has provided a significant boost to proof-of-stake networks like Ethereum. He emphasized that institutional acceptance of Bitcoin is a key factor in the industry's future development. Recently, several large banks, including JPMorgan Chase, Citigroup, and Wells Fargo, have adjusted their crypto policies, beginning to accept Bitcoin and Ethereum as collateral, marking a significant shift in the attitude of traditional financial institutions towards crypto assets.

Saylor also mentioned that MicroStrategy is the first Bitcoin vault company to receive an S&P credit rating, and its products have attracted institutional investors, including BlackRock's PFF fund. Furthermore, he predicted that Bitcoin prices will continue to rise in the future and stated that the company's goal is to promote wider adoption of Bitcoin through digital lending instruments, ultimately aiming to purchase $300 billion worth of Bitcoin.

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