{"id":545622,"date":"2023-08-03T11:00:24","date_gmt":"2023-08-03T11:00:24","guid":{"rendered":"https:\/\/uniquehot.com\/?p=545622"},"modified":"2024-06-11T08:06:12","modified_gmt":"2024-06-11T08:06:12","slug":"microstrategy-bitcoin-strategy-spot-etfs","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/","title":{"rendered":"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy"},"content":{"rendered":"

MicroStrategy co-founder and former CEO Michael Saylor has stated that potential Spot Bitcoin ETF approvals<\/a> will not influence the company\u2019s \u201cBitcoin Strategy.\u201d<\/span><\/p>\n

MicroStrategy Has A Unique Bitcoin Offering<\/h2>\n

During a discussion with Bloomberg on August 2, Saylor stated that even if the SEC approves the spot Bitcoin ETF applications, it would not affect his company\u2019s offerings. According to him, MicroStrategy\u2019s Bitcoin offering offers a unique proposition that the spot Bitcoin ETFs cannot emulate.\u00a0<\/span><\/p>\n

Related Reading: BlackRock CEO Larry Fink Is The Best Thing To Happen To Bitcoin, Mike Novogratz Says<\/a><\/div>\n

Saylor echoed similar sentiments during the earnings call on August 1 when he stated that MicroStrategy’s unique \u201cBitcoin operating strategy” will make it stand out even when spot Bitcoin ETFs arrive<\/a>.\u00a0<\/span><\/p>\n

The ex-CEO explained that, <\/span>\u201cWe can tap into leverage because we\u2019re an operating company, which an ETF couldn’t do so we view it as being beneficial to the entire ecosystem.\u201d<\/span><\/p>\n

However, he believes these spot ETFs are good for the crypto industry as they will welcome institutional investors who boast more than enough liquidity into the space.<\/span><\/p>\n

Differentiating his company\u2019s offering from spot ETFs, he stated:<\/span><\/p>\n

We are a unique instrument, we are the sportscar whereas the spot ETF is going to be the supertanker. Spot ETFs will serve another set of customers in a synergistic fashion to grow the entire asset class.<\/span><\/p><\/blockquote>\n

MicroStrategy had filed an <\/a><\/span>application<\/span><\/a> to the SEC to sell up to $750 million in Class A common stock. Saylor also confirmed that his company would use the potential proceeds of this stock sale to \u201cacquire Bitcoin.\u201d\u00a0<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC price remains volatile amid Spot ETF expectations | Source: BTCUSD on Tradingview.com\u00a0<\/a><\/pre>\n
MicroStrategy\u2019s Chief Financial Officer, Andrew Kang, had also confirmed that the proceeds from the proposed sale will be used for \u201cthe purchase of Bitcoin as well as the repurchase or repayment of outstanding debt.\u201d<\/span><\/p>\n
Saylor\u2019s Faith In Bitcoin Paying Off<\/h2>\n
Saylor\u2019s MicroStrategy, which happens to be one of the largest holders of Bitcoin, started buying the cryptocurrency in 2020 as a hedge against inflation. The company\u2019s purchases largely resulted from Saylor\u2019s faith in the token as he continued to advocate for it despite the recent market conditions in the crypto market.<\/span><\/p>\n
Saylor stepped down as the CEO a year ago just to focus on the company\u2019s Bitcoin purchasing strategy. This strategy seems to be paying off as it provides an edge for the company over its competitors, with the MSTR stocks rising tremendously since MicroStrategy\u2019s adoption of Bitcoin.\u00a0<\/span><\/p>\n
Related Reading: Ethereum ETFs Heat Up As Filings With SEC Climbs To Six<\/a><\/div>\n
As revealed by Saylor in a <\/span>tweet<\/span><\/a>, MicroStrategy\u2019s stocks have risen by 254% since 2020<\/a> when it started buying Bitcoin, with this performance putting the company above some key assets and big tech stocks in terms of performance.\u00a0<\/span><\/p>\n
Saylor is not relenting as he confirmed that the goal is to \u201caccumulate as much Bitcoin as we can\u201d when quizzed about how much more Bitcoin the company intends to add to their existing holdings of 152,800 BTC<\/a>.<\/span><\/p>\n
Featured image from Medium, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
MicroStrategy co-founder and former CEO Michael Saylor has stated that potential Spot Bitcoin ETF approvals will not influence the company\u2019s \u201cBitcoin Strategy.\u201d MicroStrategy Has A Unique Bitcoin Offering During a discussion with Bloomberg on August 2, Saylor stated that even if the SEC approves the spot Bitcoin ETF applications, it would not affect his company\u2019s offerings. According to him, MicroStrategy\u2019s Bitcoin offering offers a unique proposition that the spot Bitcoin ETFs cannot emulate.\u00a0 Related Reading: BlackRock CEO Larry Fink Is The Best Thing To Happen To Bitcoin, Mike Novogratz Says Saylor echoed similar sentiments during the earnings call on August 1 when he stated that MicroStrategy’s unique \u201cBitcoin operating strategy” will make it stand out even when spot Bitcoin ETFs arrive.\u00a0 The ex-CEO explained that, \u201cWe can tap into leverage because we\u2019re an operating company, which an ETF couldn’t do so we view it as being beneficial to the entire ecosystem.\u201d However, he believes these spot ETFs are good for the crypto industry as they will welcome institutional investors who boast more than enough liquidity into the space. Differentiating his company\u2019s offering from spot ETFs, he stated: We are a unique instrument, we are the sportscar whereas the spot ETF is going to be the supertanker. Spot ETFs will serve another set of customers in a synergistic fashion to grow the entire asset class. MicroStrategy had filed an application to the SEC to sell up to $750 million in Class A common stock. Saylor also confirmed that his company would use the potential proceeds of this stock sale to \u201cacquire Bitcoin.\u201d\u00a0 BTC price remains volatile amid Spot ETF expectations | Source: BTCUSD on Tradingview.com\u00a0 MicroStrategy\u2019s Chief Financial Officer, Andrew Kang, had also confirmed that the proceeds from the proposed sale will be used for \u201cthe purchase of Bitcoin as well as the repurchase or repayment of outstanding debt.\u201d Saylor\u2019s Faith In Bitcoin Paying Off Saylor\u2019s MicroStrategy, which happens to be one of the largest holders of Bitcoin, started buying the cryptocurrency in 2020 as a hedge against inflation. The company\u2019s purchases largely resulted from Saylor\u2019s faith in the token as he continued to advocate for it despite the recent market conditions in the crypto market. Saylor stepped down as the CEO a year ago just to focus on the company\u2019s Bitcoin purchasing strategy. This strategy seems to be paying off as it provides an edge for the company over its competitors, with the MSTR stocks rising tremendously since MicroStrategy\u2019s adoption of Bitcoin.\u00a0 Related Reading: Ethereum ETFs Heat Up As Filings With SEC Climbs To Six As revealed by Saylor in a tweet, MicroStrategy\u2019s stocks have risen by 254% since 2020 when it started buying Bitcoin, with this performance putting the company above some key assets and big tech stocks in terms of performance.\u00a0 Saylor is not relenting as he confirmed that the goal is to \u201caccumulate as much Bitcoin as we can\u201d when quizzed about how much more Bitcoin the company intends to add to their existing holdings of 152,800 BTC. Featured image from Medium, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":545623,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,435,4692,83344,81299,89013],"class_list":["post-545622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-adoption","tag-bitcoin-strategy","tag-michael-saylor","tag-microstrategy","tag-microstrategy-bitcoin"],"acf":[],"yoast_head":"\nMicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy<\/title>\n<meta name=\"description\" content=\"MicroStrategy co-founder Michael Saylor has stated that potential Spot Bitcoin ETF approvals will not influence its \u201cBitcoin Strategy.\u201d\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy\" \/>\n<meta property=\"og:description\" content=\"MicroStrategy co-founder Michael Saylor has stated that potential Spot Bitcoin ETF approvals will not influence its \u201cBitcoin Strategy.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-03T11:00:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:06:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy\",\"datePublished\":\"2023-08-03T11:00:24+00:00\",\"dateModified\":\"2024-06-11T08:06:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/\"},\"wordCount\":518,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720\",\"keywords\":[\"bitcoin\",\"Bitcoin adoption\",\"bitcoin strategy\",\"Michael Saylor\",\"Microstrategy\",\"MicroStrategy Bitcoin\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/\",\"url\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/\",\"name\":\"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720\",\"datePublished\":\"2023-08-03T11:00:24+00:00\",\"dateModified\":\"2024-06-11T08:06:12+00:00\",\"description\":\"MicroStrategy co-founder Michael Saylor has stated that potential Spot Bitcoin ETF approvals will not influence its \u201cBitcoin Strategy.\u201d\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720\",\"width\":1280,\"height\":720,\"caption\":\"Michael Saylor Microstrategy Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/uniquehot.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy","description":"MicroStrategy co-founder Michael Saylor has stated that potential Spot Bitcoin ETF approvals will not influence its \u201cBitcoin Strategy.\u201d","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/","og_locale":"en_US","og_type":"article","og_title":"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy","og_description":"MicroStrategy co-founder Michael Saylor has stated that potential Spot Bitcoin ETF approvals will not influence its \u201cBitcoin Strategy.\u201d","og_url":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-08-03T11:00:24+00:00","article_modified_time":"2024-06-11T08:06:12+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy","datePublished":"2023-08-03T11:00:24+00:00","dateModified":"2024-06-11T08:06:12+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/"},"wordCount":518,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720","keywords":["bitcoin","Bitcoin adoption","bitcoin strategy","Michael Saylor","Microstrategy","MicroStrategy Bitcoin"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/","url":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/","name":"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720","datePublished":"2023-08-03T11:00:24+00:00","dateModified":"2024-06-11T08:06:12+00:00","description":"MicroStrategy co-founder Michael Saylor has stated that potential Spot Bitcoin ETF approvals will not influence its \u201cBitcoin Strategy.\u201d","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720","width":1280,"height":720,"caption":"Michael Saylor Microstrategy Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"MicroStrategy\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy","url":"http:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/microstrategy-bitcoin-strategy-spot-etfs\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin adoption","bitcoin strategy","michael saylor","microstrategy","microstrategy bitcoin"],"dateCreated":"2023-08-03T11:00:24Z","datePublished":"2023-08-03T11:00:24Z","dateModified":"2024-06-11T08:06:12Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"MicroStrategy\\u2019s Michael Saylor Says Spot ETF Approvals Have No Bearing On Bitcoin Strategy\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/microstrategy-bitcoin-strategy-spot-etfs\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/microstrategy-bitcoin-strategy-spot-etfs\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin adoption\",\"bitcoin strategy\",\"michael saylor\",\"microstrategy\",\"microstrategy bitcoin\"],\"dateCreated\":\"2023-08-03T11:00:24Z\",\"datePublished\":\"2023-08-03T11:00:24Z\",\"dateModified\":\"2024-06-11T08:06:12Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/Michael-Saylor-Microstrategy-Bitcoin.jpeg?fit=1280%2C720","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/545622"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=545622"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/545622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/545623"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=545622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=545622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=545622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}