Sailor: Refusal to integrate Bitcoin with the banking system and market 'condemns it to only 1% of its potential'
Saylor, Chairman of MicroStrategy, reiterates his long-standing argument via X that Bitcoin's long-term value depends on its integration into the existing financial system, not on existing outside it. He stated that refusing integration with banks, depositories, stock markets, and governments deprives the world of 99% of Bitcoin's benefits, limiting it to just 1% of its potential.
This philosophical stance aligns with real-world developments, such as Citigroup's plan to launch institutional Bitcoin custody in 2026 and moves by major banks like Morgan Stanley into digital asset services.
MicroStrategy, the largest corporate Bitcoin holder, exemplifies Saylor's view and its risks. It holds 843,775 BTC, purchased for ~$63.69B at an average of $75,482 per coin. Despite a current valuation loss, Saylor signals continued purchases. The company is also shifting its strategy, increasingly positioning its Bitcoin holdings as collateral for financial products like its STRC preferred shares, targeting the multi-trillion dollar private credit market.
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