Saylor Says Bitcoin Bull Market Is Here, Banks Set to Unlock New Demand
Photo: ZyCrypto
Strategy’s Michael Saylor believes Bitcoin (BTC) is entering a bull market, driven by banks and other traditional financial institutions. Recently, the company repurchased approximately $1.5 billion worth of its STRC stock, citing price stability. According to Saylor, banks will play a major role over the next two years as a mainstream rebound is expected. Banks are already expanding digital asset services across the board but with a keen focus on institutional investors. This shift happened due to a slew of positive regulations in several jurisdictions that allowed stakeholders to increase their exposure.
Source: ZyCrypto
