Wall Street Still Doesn’t Get Bitcoin, Says MicroStrategy’s Michael Saylor

TLDR: Michael Saylor claims Bitcoin’s annualized return has averaged over 50%, outpacing traditional capital strategies. MicroStrategy ranks as the fourth most profitable U.S. financial firm yet remains undervalued by Wall Street metrics. Saylor says firms using U.S. Treasuries for capital trail markets by 10% yearly in returns. Institutions are absorbing Bitcoin supply despite whale selling, [...]

The post Wall Street Still Doesn’t Get Bitcoin, Says MicroStrategy’s Michael Saylor appeared first on Blockonomi.