Michael Saylor: Bitcoin Will Outperform the S&P 500 Index in the "Foreseeable Future"

BlockBeats News, August 10th, according to Cointelegraph, Michael Saylor, CEO of MicroStrategy, stated, "I think the entire cryptoeconomy is experiencing an innovation explosion, and from a marginal effect perspective, this is good for everyone in the digital asset space. I still believe that the vast majority of the funds flowing into this space are flowing into Bitcoin."

Saylor also noted that in the past six months, the number of companies holding Bitcoin has increased from about 60 to 160. "So I am still laser-focused on Bitcoin."

Saylor predicted that Bitcoin will outperform the S&P 500 index in the "foreseeable future." He added, "I think Bitcoin is digital capital."