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Saylor also highlights the growing support from Wall Street, with BlackRock being a "very strong voice" in articulating the value proposition of Bitcoin. Moreover, Micro Strategy's own announcement on October 30th to raise $42 billion to purchase Bitcoin has sent a powerful message to the market, effectively signaling the company's intention to acquire every Bitcoin mined over the next three years at a price of $85,000 or more.
The Importance of the SEC Chair Appointment
Saylor emphasizes the pivotal role the next SEC chair will play in shaping the digital assets industry. He expects a more pro-Bitcoin and pro-crypto regulatory framework under the new administration, with the SEC leading the charge. While Saylor refrains from speculating on the specific individual who will take the helm, he is confident that the House, Senate, and White House are all "very pro-crypto," suggesting a supportive SEC chair is likely.
Micro Strategy's Ambitious Bitcoin Acquisition
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