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Michael Saylor: The digital asset “gold rush” will continue until 2035 years, and Strategy has no fixed BTC holdings target

BlockBeats reports that October 9, Strategy founder and Executive Chairman Michael Saylor said in an interview with Binance that the period from now until 2035 years will be the “gold rush” period for digital assets. Compared with other global asset markets, the crypto economy remains relatively small and is in a phase of rapid growth. He believes that by 2035 years, 99%of Bitcoin will have been mined, which is also one basis for his judgment that the industry remains in its early stages.

Saylor characterizes Bitcoin as “digital capital,” and believes that ETF as well as wrapped Bitcoin products, treasury companies, digital credit, and bank-collateralized lending are the four main directions driving adoption. He stressed that Strategy has no fixed Bitcoin holdings target: “We accumulate Bitcoin as we raise capital.” The company’s holdings have increased to approximately 848,000 BTC.

He said that digital credit products such as STRC are intended to provide volatility and cash-flow characteristics different from directly holding BTC to accommodate investors who cannot tolerate Bitcoin’s volatility.STRC is a perpetual preferred stock issued by Strategy that pays cash dividends. In addition, he focuses on Bitcoin’s 200-week moving average and the premium or discount of its price relative to that average, and believes that funds previously flowing into AI and large private-equity financings have begun to flow back into the crypto market.

Original article link https://m.theblockbeats.info/flash/370965