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Michael Saylor Says Bitcoin ETFs Will Be the ‘Super Tanker’ for His MicroStrategy ‘Sports Car’

The software company now owns around $4.5 billion worth of bitcoin and is planning to buy more in the third quarter of this year.

By Helene Braun|Edited by Aoyon Ashraf

Updated Aug 3, 2023, 4:14 p.m. Published Aug 3, 2023, 4:06 p.m.

MicroStrategy (MSTR) chairman Michael Saylor said his software company will continue to be the go-to company for investors to gain exposure to bitcoin (BTC) without directly buying it, even if a spot bitcoin exchange-traded fund (ETF) is rolled out. (CoinDesk)