Michael Saylor, the Founder and Chairman of American Business Intelligence and Software firm MicroStrategy is in the spotlight today. One visible trend is that despite the regular accolades he is always showered with, Michael Saylor is being dragged for his recent take on Ethereum.
Michael Saylor Prediction on Ethereum ETF Failed
That Michael Saylor is a Bitcoin maxi is not news. He took this narrative to a new level at the firm’s “Bitcoin For Corporations” earlier this month. In his speech at the event, Saylor did not only eulogize Bitcoin, he stated categorically that Ethereum is a Security.
In his words, he said anything down below the Bitcoin stack is a security. Also he said “Ethereum will not be approved. This summer it will be very clear to everyone that Ethereum is a security. It will never be wrapped in a spot ETF. It will never be accepted by Wall Street nor institutional investors. Bitcoin is the one universally accepted institutional grade crypto asset. There won’
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