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BTC $62,938.28 -0.69%
ETH $1,880.97 -0.19%
BNB $606.97 -0.55%
XRP $0.9990 -1.01%
SOL $75.33 -0.83%
TRX $0.3318 -0.61%
DOGE $0.0699 -0.15%
ADA $0.1799 -1.29%
BCH $204.96 -0.73%
LINK $9.02 +1.93%
HYPE $56.34 -1.91%
AAVE $86.41 -2.08%
SUI $0.6828 -0.86%
XLM $0.1578 -0.79%
ZEC $493.93 +0.73%

MicroStrategy CEO: BTC will become a more valuable asset than gold in the future

2024-03-12 13:15:22

ChainCatcher news, MicroStrategy CEO Michael Saylor stated that BTC will become a more valuable asset than gold in the future.

He said, "Bitcoin is at least digital gold; it will eat gold. It has all the great properties of gold and none of the flaws of gold."

He also expects that Bitcoin will shift funds away from other risk assets, including the giant SPDR S\&P 500 ETF (SPY), and that Bitcoin will start appearing in other funds.

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