In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), shared his latest thoughts on Bitcoin ($BTC).
His comments were made during an interview with CNN anchor Julia Chatterley on May 27.
“You know, Bitcoin is maturing as an asset class. So if you look at it over the past 15 months, the liquidity in Bitcoin is up by a factor of 700%, the price is up by 700%. On May 18th, $13.5 billion dollars in the spot market traded on the Binance exchange, and the price closed 7X more than it was on Black Thursday, which was the biggest trading day of 2020.