Natalie Brunell: Michael Saylor on Bitcoin, the Red Wave, the Future of Crypto, and Building Wealth
Since the election, stocks have popped higher. But the real winner has been bitcoin and other cryptocurrencies. That’s because Donald Trump ran as a pro-crypto president.
That means it should be easier for cryptocurrencies to develop in the United States. And face fewer regulatory hurdles than the sector has faced over the past few years. That bodes well for higher crypto prices thanks to increased adoption.
While bitcoin ETFs were launched this year, they offer investors only a passive way to play bitcoin. There are now tools for using leverage such as futures and options.
Or, investors can own shares of MicroStrategy (MSTR). The data analytics company has shifted in recent years to hold as much bitcoin as possible. They currently own over 1% of all bitcoin that will ever exist.
They’re employing tools such as convertible debt and share sales to raise capital to increase their holdings. While that can be dilutive to existing shareholders, MicroStrategy has used these tools to increase their bitcoin per share.
Whatever tool investors use to own bitcoin and cryptos, there are more on the way. And companies that embrace bitcoin ownership could also improve their balance sheets while also driving the price higher.
Investors will want to own some bitcoin and crypto going into 2025, as bitcoin is poised to top $100,000.
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