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Microstrategy’s executive chairman, Michael Saylor, has explained why bitcoin has become “the world’s most popular investment asset.” He noted that following the rebalancing after the launch of spot bitcoin exchange-traded funds (ETFs), the crypto has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming … Read more
The CEO of Microstrategy says that bitcoin will emerge as a $100 trillion asset class and will grow 100X from where it is today. He said the cryptocurrency is winning against gold as a store of value and he is not worried about regulation. “I’m not at all troubled with the regulations that’s going on … Read more
Bank of America’s chief operating officer does not see cryptocurrency as competition. Instead, he views it as an asset class, noting that “people like it for all sorts of different reasons.” Bank of America’s COO on Crypto: ‘I Don’t View It as Competition at All’ Bank of America COO Tom Montag talked about cryptocurrency Thursday … Read more
JPMorgan says a lot of its asset and wealth management clients think cryptocurrency is an asset class and they want to invest in it. “Our job is to help them to put their money where they want to invest,” said the CEO of J.P. Morgan Asset & Wealth Management. A Lot of JPMorgan Clients Consider … Read more
Global investment bank Goldman Sachs now considers bitcoin an investable asset. “Clients and beyond are largely treating it as a new asset class, which is notable — it’s not often that we get to witness the emergence of a new asset class,” said Goldman Sachs’ analyst. Goldman Sachs Now Considers Bitcoin an Investable Asset Goldman … Read more
