CandleFocus

Ripple Not Recommended by MicroStrategy’s Michael Saylor

In a recent interview, Michael Saylor, co-founder and executive chairman of MicroStrategy, reiterated his support for Bitcoin, stating that he is "Bitcoin only, 100%." Saylor expressed his desire to see the digital asset industry grow to a valuation of $500 trillion. When asked about supporting Ripple, he dismissed the idea, citing the presence of a counterparty as a reason for not recommending securities. Saylor believes in maintaining a focused investment strategy and sees Bitcoin as the only digital asset he completely trusts. Despite the evolving market, Saylor's insights are expected to influence investors seeking guidance in the cryptocurrency space.

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