Microstrategy's Michael Saylor: "No reason to sell winners to buy losers"
In an interview with Bloomberg TV, Michael Saylor said, "The bitcoin spot ETF has opened the gateway for institutional capital to enter the bitcoin ecosystem," adding that "hundreds of millions of dollars of capital are flowing from the analog economy into the digital economy every day." "Bitcoin competes with assets like gold, real estate and the S&P500," he explained, "and we believe capital will continue to flow [from traditional assets to bitcoin] because bitcoin is technically superior to those other assets.
"Bitcoin is an exit strategy," he said, emphasizing that "there's no reason to sell a winner to buy a loser." Later, when Anchor asked if MicroStrategy would sell its bitcoin holdings, he said, "Bitcoin is an exit strategy. In previous interviews with other media outlets, he has said that he will buy bitcoin forever.
