MicroStrategy’s Supercar vs. Spot ETF’s Supertanker: Navigating the Bitcoin Investment Seas 🌊
Michael Saylor believes that even if spot Bitcoin ETFs get approved, his firm will still be an attractive option for investors to gain exposure to Bitcoin.
He sees #MicroStrategy as a "sportscar" compared to the "supertanker" of spot ETFs. The company aims to continue adding more Bitcoin to its balance sheet, including through a planned $750 million share sale.
#Saylor thinks that his firm's operating strategy allows them to tap into leverage and generate yields that benefit shareholders, which an ETF couldn't do.
Saylor believes spot #ETFs will benefit the entire asset class, attracting hedge funds and sovereign investors. Currently, analysts raise spot Bitcoin ETF approval chances in the US to 65%.