‘MicroStrategy Might Delve into Bitcoin Futures,’ Says Saylor

• Michael Saylor says MicroStrategy may discover futures sooner or later.
• Saylor says shopping for MicroStragey is a better method for institutional traders to carry Bitcoin.
• MicroStrategy reported a loss in This autumn 2022.

Michael Saylor, co-founder and govt chairman of MicroStrategy Inc., has said that the enterprise-software agency could discover futures contracts on the CME Group (NASDAQ:) trade in the long run.

In an interview with Bloomberg TV on Monday, Saylor admitted that the corporate had explored however finally opted towards lending out its Bitcoin via different corporations, a few of which went bankrupt in 2022.

The previous MicroStrategy CEO mentioned:

Sooner or later, we are going to at all times take into account ahead yields. We could discover a solution to generate yield this manner.

When discussing why traders can purchase MicroStrategy shares as a substitute of straight shopping for Bitcoin, Saylor cited the dearth of accessibility for institutional traders when shopping for cryptocurrencies. In accordance with Saylor, institutional traders can use MicroStrategy to realize oblique publicity to Bitcoin with out straight proudly owning the cryptocurrency.

Saylor additionally went on to clarify that the method of shopping for Bitcoin via a…

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