MicroStrategy founder Michael Saylor said in an interview with Decrypt that the company is "creating a new market" with its Bitcoin-backed security. "We're issuing a security that's backed by digital collateral," Saylor said. "Our real business at MicroStrategy is to become the world's leading provider of exposure to bitcoin through a security, and that has the effect of increasing the scarcity of bitcoin." Saylor added that "most of the investors in our company are bitcoiners. They believe that bitcoin is going to go up forever with some volatility. What they want is more bitcoin per share." MicroStrategy has been a major buyer of Bitcoin in recent months, and the company now holds over 100,000 BTC. Saylor has been a vocal proponent of Bitcoin, and he believes that the cryptocurrency is on the verge of mass adoption. "We're creating a new market for Bitcoin," Saylor said. "We're issuing a security that's backed by digital collateral, and that's going to make Bitcoin more accessible to a wider range of investors."

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