During his interview with Bloomberg last summer, MicroStrategy CEO Michael Saylor discussed the potential impact of spot Bitcoin ETFs on increasing adoption of the digital currency.
He also emphasized that the company will continue to purchase BTC and stick to their savings strategy.
In a recent interview on Fox Business, Saylor once again predicted a surge in institutional interest in Bitcoin following the launch of spot ETFs in the US market, as well as the upcoming halving event in April.
He believes that the value of cryptocurrencies could potentially double if the Securities and Exchange Commission (SEC) approves the issuance of spot crypto funds.
Saylor also acknowledged that BTC could reach a price point of $5 million in the future.