MicroStrategy CEO: Bitcoin Price Surge Fueled by ETF Demand Outpacing Supply
• MicroStrategy CEO Michael Saylor says Bitcoin ETFs have sparked 10 times as much demand as supply from miners, causing price surge • Saylor highlights Bitcoin's appeal as an uncorrelated asset free from external factors like country, currency, company, weather, war • MicroStrategy rebranding itself as a "Bitcoin development company" due to success of its BTC strategy and status as largest public company BTC holder • Saylor optimistic about AI driving MicroStrategy's revenue growth and cloud migration • MicroStrategy exploring equity markets, convertibles, preferred equity to creatively manage capital structure for shareholder benefit