GOP is Pro-Crypto, Says MicroStrategy Founder

IconCryptoNewsTerminal Staff09 Sep, 2024

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GOP is Pro-Crypto, Says MicroStrategy Founder

Michael Saylor, the founder of MicroStrategy, recently stated on CNBC that "there's no question the Republican Party in the United States is very pro-crypto." This statement aligns with the increasing recognition and support for cryptocurrency within the GOP. Saylor further emphasized his long-held prediction that Bitcoin (BTC) will reach a value of $13 million within the next 20 years. Regarding the Democratic Party's stance on crypto, he noted a shift towards a more moderate position. MicroStrategy, a leading business intelligence firm, currently holds approximately $8.3 billion worth of BTC. Saylor's pro-crypto stance and bullish predictions underscore the growing institutional adoption and optimism surrounding digital assets.