MicroStrategy Chairman and CEO Michael Saylor joins Emily Chang to talk about his position on a potential Bitcoin loan, his view on Bitcoin and cryptocurrency volatility, and whether he expects Bitcoin to drop even further.
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Francisco Gimeno - BC Analyst MicroStrategy has a strategy on a very long time term. They understand that BTC is a risk asset in the short term, but they believe that it's not so on long term, and at the end of the day, not being traders, they hold the opinion that one BTC is always one BTC, it doesn't matter the price of trading today or next month. Many don't understand that, and of course, the numbers feel bad today in a bearish market for this company. But they say they know what they do. And they also agree with what we always say: the market will be regulated, the market will get free sooner or later from fake coins, stablecoins which are everything but stable, and new tools will appear at this new crypto market and digital economy. Good.