Michael Saylor: Trump's Nashville Speech a Watershed Moment in Bitcoin Acceptance

IconCryptoNewsTerminal Staff02 Aug, 2024

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Michael Saylor: Trump's Nashville Speech a Watershed Moment in Bitcoin Acceptance

Michael Saylor, founder of MicroStrategy, the company that holds the most Bitcoin other than an ETF, recently stated on a conference call that former President Donald Trump's speech in Nashville was a "watershed moment." Saylor's comments underscore the growing recognition of Bitcoin as a legitimate and influential force in global finance and politics. Trump's endorsement of Bitcoin during his Nashville speech has further solidified its position as a viable investment and a potential hedge against inflation. As Bitcoin continues to gain traction among institutional investors and mainstream financial institutions, it is likely that we will see continued growth in its adoption and acceptance. ---