Michael Saylor Urges Bitcoin Investment as Major Funds Reveal BTC Exposure

Michael Saylor Pushes for Urgent Bitcoin Adoption

Michael Saylor, Executive Chairman of Strategy, is urging investors to increase their Bitcoin exposure before the asset becomes unattainable. He warns that by the time financial advisers endorse Bitcoin, its price could surpass $1 million, potentially reaching $10 million as adoption grows.

Institutional Bitcoin Exposure Revealed

Saylor shared data showing limited Bitcoin ETF exposure among top U.S. fund managers. Only five firms—Fidelity, Charles Schwab, Wells Fargo, Mariner, and Fisher Investments—hold unrestricted Bitcoin ETFs, totaling $19.149 billion. Institutions with restricted exposure have invested $20.886 billion into BTC-based products.

Strategy's Massive Bitcoin Purchase

Strategy recently acquired 15,335 BTC for $1.42 billion, increasing its holdings to 553,555 BTC, valued at approximately $37.90 billion. This move underscores Saylor's confidence in Bitcoin's long-term growth.

Saylor on Warren Buffett's Bitcoin Skepticism

In a recent interview, Saylor compared Bitcoin to transformative technologies like electricity, suggesting Buffett may not fully grasp its paradigm-shifting potential. He likened Buffett's skepticism to those who underestimated electricity in the 19th century.

Bitcoin Price Prediction: Major Move Anticipated

Cryptocurrency analyst Ali Martinez points to a Bollinger Bands squeeze on Bitcoin's 4-hour chart, signaling low volatility and a potential significant price movement. This technical indicator suggests that a major price shift may be imminent.