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regulators have made it clear that the crypto industry is destined to be rationalized down to a bitcoin (BTC)-focused industry."MicroStrategy's views since 2020 have been that the only institutional grade asset is bitcoin," said Saylor in aninterviewwith Bloomberg on Tuesday.

"It's pretty clear that the regulators don't see a legitimate path forward for cryptocurrencies ...

AI for Automated Trading Solutions ✌️【Work-Life Balance】✌️Start with ₹500 and earn steady, high returns every month!And so the entire industry is kind of destined to be rationalized down to a bitcoin-focused industry with maybe half a dozen to a dozen other proof of work tokens."Last week, the U.S.

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AI for Automated Trading Solutions ✌️【Work-Life Balance】✌️Start with ₹500 and earn steady, high returns every month!Bitcoin isn't one of them.Previously, SEC chair Gary Gensler has said that bitcoin (BTC) is a commodity.Saylor's MicroStrategy began buying bitcoin in 2020 whilecallingthe cryptocurrency a million times better store of value than gold.

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