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2024-09-24

MicroStrategy’s Michael Saylor Proposes Bitcoin-Backed Loans, Why It’s A Bad Idea?

The SEC's approval for options trading on the BlackRock Bitcoin ETF has reignited discussions on Bitcoin yields. MicroStrategy Chairman Michael Saylor shared his thoughts on Bitcoin's role in the traditional banking system during a podcast debate.

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Symbol	Last Price	Change	% Change
BTC-USD Bitcoin USD	56,350.96	-	0%
ETH-USD Ethereum USD	2,372.48	-	0%
BNB-USD BNB USD	509.78	-	0%
ADA-USD Cardano USD	0.31	-	0%
XRP-USD XRP USD	0.55	-	0%

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MicroStrategy’s Michael Saylor Proposes Bitcoin-Backed Loans, Why It’s A Bad Idea?

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