From Investing.com: 2024-05-31 11:30:24

MicroStrategy founder Michael Saylor celebrates four-year anniversary since first Bitcoin purchase in 2020. Company’s first BTC buy used spare cash and has since stacked 214,400 BTC, worth $7.538 billion USD as of Q1 2024. Saylor comments on Ethereum ETF approval potentially benefiting Bitcoin institutional adoption.

Saylor’s positive stance on Ethereum ETF approval contrasts with Bitcoin maximalists like Jan3 CEO Samson Mow, who believes Bitcoin doesn’t need “s-coins” like Ethereum. Mow remains bearish on Ethereum, advising community to sell ETH before ETF approval. Debate rages on impact of ETF approval on Bitcoin’s institutional adoption and market dynamics.

Read more at Investing.com: Michael Saylor Celebrates Important Bitcoin Anniversary: Details By U.Today