Saylor Welcomes JPMorgan to Crypto, Ready to Compete
CEO Strategy Michael Saylor stated that he would welcome the leading investment manager JPMorgan Chase & Co if they enter the crypto industry. He is also ready to compete with the company.
He expressed this during an interview with Bloomberg when asked about JPMorgan entering the crypto industry, which would create competition with his company.
"So I welcome competition from JPMorgan, I hope to enter that space. Our advantage is that we are 100% Bitcoin," he said in a video interview with Bloomberg, Wednesday (11/06).
According to him, the company he leads can outperform JPMorgan, because its preferred shares offer liquidity ease. This is because the performance of these shares is the same as the movement of Bitcoin (BTC), making it the best-performing stock in the world.
Moreover, the trend of Bitcoin adoption among institutions is increasingly widespread, indicating that trust in crypto assets is beginning to rise. Furthermore, Strategy as the initiator has demonstrated its performance, which is one of the reasons other companies adopt Bitcoin.
