Michael Saylor: The Market is Not Ready for Bitcoin Bonds
MicroStrategy, a company specializing in software, has been actively buying Bitcoins since 2020, as Michael Saylor, its CEO, believes that the price of the cryptocurrency will grow in the long term.
With this in mind, the company has no intention of selling its Bitcoins even during the dominance of bearish sentiment in the market.q
However, Michael Saylor has a very different opinion regarding the bonds, as he believes investors are not ready for an instrument such as Bitcoin-backed bonds.
According to what the CEO of MicroStrategy said in an interview with Bloomberg, the financial market is not ready for Bitcoin bonds, as this type of asset is too risky.
With these statements Saylor is referring to El Salvador, which intends to place BTC bonds.