Michael Saylor: $BTC is now bigger than major tech infrastructure
Michael Saylor stated that Bitcoin has officially upgraded to "industrial-grade digital capital," noting that the network now consumes 24 gigawatts of electricity—more than the US Navy and even more than the combined total of Microsoft and Google.
Key highlights: • US policy has shifted to support cryptocurrency, with a new wave of Bitcoin-friendly officials shaping future regulation. • Major banks—JPMorgan, Bank of America, Citi, Schwab, Wells Fargo—have moved from restricting crypto to offering custody and lending services. • Bitcoin ETFs have accelerated mainstream adoption, with BlackRock's IBIT becoming the strongest ETF launch in history. • Strategy Inc. now holds about 650,000 BTC, aiming to build a treasury larger than major S&P 500 companies. • Saylor says Bitcoin is superior to cash for corporate treasury capital. • His company is launching BTC-backed credit products, turning volatility into yield without selling coins. When policymakers turn supportive, banks open their doors, and corporate treasuries move to BTC—the market will ultimately follow. $BTC
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Michael Saylor: $BTC is now bigger than major tech infrastructure
Michael Saylor stated that Bitcoin has officially upgraded to "industrial-grade digital capital," noting that the network now consumes 24 gigawatts of electricity—more than the US Navy and even more than the combined total of Microsoft and Google.
Key highlights:
• US policy has shifted to support cryptocurrency, with a new wave of Bitcoin-friendly officials shaping future regulation.
• Major banks—JPMorgan, Bank of America, Citi, Schwab, Wells Fargo—have moved from restricting crypto to offering custody and lending services.
• Bitcoin ETFs have accelerated mainstream adoption, with BlackRock's IBIT becoming the strongest ETF launch in history.
• Strategy Inc. now holds about 650,000 BTC, aiming to build a treasury larger than major S&P 500 companies.
• Saylor says Bitcoin is superior to cash for corporate treasury capital.
• His company is launching BTC-backed credit products, turning volatility into yield without selling coins.
When policymakers turn supportive, banks open their doors, and corporate treasuries move to BTC—the market will ultimately follow. $BTC