MicroStrategy's stock experienced a 3% decline as investors sold near the $250–$260 resistance level, despite CEO Michael Saylor's optimistic outlook on Bitcoin's role as 'digital capital' in 2025. Saylor emphasized the growing acceptance of Bitcoin by major banks, including Citi's upcoming custody service, and noted that over 200 publicly traded companies now hold Bitcoin, up from 60 in 2023.
Saylor also detailed MicroStrategy's digital financial strategy, which involves a $48 billion investment to acquire 3.1% of Bitcoin's supply. Additionally, he introduced tokenized credit tools such as Stretch, a planned 2025 IPO offering AI-driven yields ranging from 9% to 21%.
MicroStrategy Shares Decline 3% Amid Bitcoin Optimism from CEO Saylor
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