According to U.Today, Michael Saylor, a prominent figure in the cryptocurrency industry, has labeled Bitcoin as the number one asset on the market. Saylor, a long-time supporter of Bitcoin, made these remarks during an appearance on Fox Business's 'Unbreakable Investor.' He compared Bitcoin's performance favorably against traditional stocks and major asset classes, emphasizing its unique qualities as a limited-edition decentralized digital asset. Saylor believes Bitcoin is a superior store of value compared to traditional fiat currencies, which are susceptible to inflation. This belief has led his company, MicroStrategy, to accumulate a substantial Bitcoin portfolio, making it one of the largest corporate holders of the digital currency.

Saylor's confidence in Bitcoin's long-term potential is bolstered by its impressive track record over the past decade. Bitcoin has consistently outperformed other significant asset classes, demonstrating high returns and increasing acceptance as a reliable financial asset. The recent performance of Bitcoin has been notably resilient and growing, with the cryptocurrency trading at approximately $65,203 according to the latest charts. This rally is attributed to the general market recovery and growing institutional interest in Bitcoin.

Additionally, the potential approval of an Ethereum ETF next week and regulated selling pressure from Mt. Gox are factors that could further drive up Bitcoin's price. Saylor's investment strategy is reflected in the performance of his portfolio, with his total Bitcoin holdings estimated to be worth $14.79 billion based on the most recent data. The average market price for these holdings is approximately $65,187, indicating significant growth in his Bitcoin investments.