Michael Saylor is not sweating the rise of Ethereum treasury companies

Michael Saylor asserts that Bitcoin will outperform the S&P 500 in the long run. He believes the majority of capital is still flowing into Bitcoin despite the growing interest in Ether.

Over the past six months, the number of companies holding Bitcoin surged from 60 to 160, indicating increasing institutional interest. Bitcoin’s market dominance stands at 60.18%.

Ether has also gained traction, trading at 4,215 USD with a 23% increase over the past 30 days. This interest is attributed to rising institutional demand, particularly for Ether treasury companies.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts