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19-03-2025
News - Michael Saylor considers Bitcoin at $80,000 a "historic entry point"
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18-03-20252 min read
Michael Saylor considers Bitcoin at $80,000 a "historic entry point"
In a interview with CNBC on March 17, Michael Saylor discussed Strategy's (formerly MicroStrategy) Bitcoin strategy and the future of the largest crypto currency.
According to Saylor, Bitcoin's current price - at the time around $82,300 - is a "historic entry point. The well-known bull sees no more risk, as he is convinced that Wall Street, banks and the U.S. government will eventually accept Bitcoin.
SAYLOR: This is a historic entry point for Bitcoin because the risk has been stripped from the asset.
— Rhino Bitcoin App (@RhinoBTCapp) March 17, 2025
Wall Street, the government and banks all embrace it.
Once we flip from risk-off, Bitcoin will rip with a vengeance. pic.twitter.com/ZXyK7Jetiw
Still, there are some factors currently holding back the price, such as low liquidity and the ongoing trade war. But once these obstacles disappear, Saylor expects Bitcoin to rise with vigor.
