Michael Saylor: Bitcoin is entering the "spring" recovery phase, and the market will see a rebound
BlockBeats reported that on May 22, Strategy founder Michael Saylor stated in an interview with CNBC that Bitcoin had previously fallen from a high of around $125,000 to a low near $60,000, and is now entering a “spring” warming phase. He noted there is solid support at the current level and expects the market to rebound from here.
He also pointed out that as the digital credit market forms, the additional Bitcoin supply produced by miners is being completely absorbed by the market. He remarked, “Our company might buy all the Bitcoin miners produce from now until 2140.”
In addition, Saylor mentioned that the advancement of the US CLARITY Act and the SEC’s “innovation exemption” policy for tokenized securities could both serve as significant positives for the digital asset market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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