Bitcoin’s recent stable price indicates strength, not weakness, according to Michael Saylor. Long-time holders selling to meet real-world needs are paving the way for institutional investment. Saylor dismisses concerns about bitcoin’s lack of cash flows, comparing it to other assets. Strategy aims to reengineer credit markets by using bitcoin as collateral, offering higher yields and lower risk. The company expects eventual inclusion in the S&P 500 as the market grows more comfortable with the bitcoin treasury model. Saylor predicts continued appreciation of bitcoin, leading to new credit and equity instruments. He remains optimistic about bitcoin’s future impact on society, emphasizing its role in promoting peace, fairness, and equity.

Read more at Yahoo Finance: Bitcoin Is Building a Base as ‘OG’ Hodlers Exit and Big Money Preps