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Michael Saylor’s MicroStrategy Keeps Bitcoin Buoyant as the SEC Keeps Springing Hurdles in Approving a Spot ETF

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Bitcoin Spot Bitcoin ETF

The SEC appears adamant about creating as many twists and turns as possible in the long road to the launch of some of the first spot Bitcoin ETFs in the US. Even so, Michael Saylor's MicroStrategy has again burnished its credentials as an unswerving Bitcoin proponent, having acquired over half a billion dollars worth of BTC over the recent price correction, thereby staving off a steeper decline in the price of the world's preeminent cryptocurrency. As we noted in a recent post, Senator Warren's Digital Asset Anti-Money Laundering Act of 2023 played an important role in spurring Bitcoin's recent price […]

Read full article at https://wccftech.com/michael-saylors-microstrategy-keeps-bitcoin-buoyant-as-the-sec-keeps-springing-hurdles-in-approving-a-spot-etf/

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