MicroStrategy Co-Founder Believes SEC's Actions Could Lead to Bitcoin-Focused Industry and $250K Price Point

06/14 08:35

According to Huobi news on June 14th, Michael Saylor said, the recent SEC enforcement actions on cryptocurrency firms could result in a Bitcoin-focused industry and push its price to over $250,000. Saylor believes that the exclusion of Bitcoin from being classified as a security gives it an advantage, while regulators are not supportive of stablecoins, crypto-tokens, and crypto-based derivatives.
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