Saylor Welcomes JPMorgan to Crypto, Ready to Compete

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CEO of Strategy Michael Saylor stated that he would welcome leading investment manager JPMorgan Chase & Co if they enter the crypto industry. He is also prepared to compete with the company.

He expressed this during an interview with Bloomberg when asked about JPMorgan entering the crypto industry, which could create competition with his company.

"So I welcome the 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 surpass JPMorgan because the preferred shares he owns offer liquidity advantages. This is because the performance of those shares is equivalent to the movement of Bitcoin (BTC), making it perform the best among stocks in the world.

Furthermore, the trend of Bitcoin adoption among institutions is increasingly widespread, indicating that confidence in crypto assets is starting to emerge. Moreover, Strategy as the initiator has shown its performance, which is one of the reasons other companies are adopting #Bitcoin $BTC .