BlockBeats news, on August 10, according to Cointelegraph, Strategy company's Executive Chairman Michael Saylor stated, "I believe the entire crypto economy is on the verge of an explosion of innovation, 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 going to Bitcoin."
Saylor also pointed out that the number of companies holding Bitcoin has increased from about 60 to 160 in the past six months. "So I remain laser-focused on Bitcoin."
Saylor predicts that Bitcoin will outperform the S&P 500 index in the "foreseeable future." He added, "I believe Bitcoin is digital capital."