In a recent Market Domination interview, MicroStrategy Executive Chairman Michael Saylor discussed Bitcoin’s (BTC-USD) resilience and future prospects following a brief dip during the global market sell-off. Saylor emphasized that Bitcoin remains the world’s only truly global capital market, available 24/7, even when traditional markets are closed. He highlighted that the cryptocurrency’s volatility is a necessary cost for the immense liquidity and credit it provides worldwide.
Saylor remains highly bullish on Bitcoin, viewing its recent volatility as a sign of the asset’s strength and high energy. He stated, “The future is digital, and there’s a race to own cyberspace. Bitcoin is digital power, and it’s a good investment.”
According to Saylor, Bitcoin has outperformed other asset classes, appreciating 55% annually over the past four years, compared to 13% for the S&P 500 and a 5% depreciation in bonds. He reiterated his commitment to continually buying Bitcoin, regardless of market conditions, expecting it to keep appreciating as digital capital.
Saylor’s conviction in Bitcoin’s future underscores his belief in its role as a cornerstone of the emerging digital economy.