From Investing.com: 2024-05-18 09:30:30

Michael Saylor highlights Bitcoin’s role in saving investors money from depreciation, emphasizing its store-of-value status. Bitcoin recently reclaimed the $67,000 price line, showing resilience in the market. Demand for Bitcoin has surged since the SEC approved spot Bitcoin ETFs, leading to increased institutional and retail investor interest. Grayscale and Fidelity ETFs outpace BlackRock’s fund in Bitcoin inflows, with Fidelity receiving $99.4 million on Friday.

Read more at Investing.com: Michael Saylor Makes Fundamentally Bullish Statement By U.Today