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Michael Saylor Says This Is The Reason Why Bitcoin Is Stuck Sideways And Not Breaking Out

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Strategy Inc. (NASDAQ:MSTR) CEO Michael Saylor shared in an interview aired Friday his views on why Bitcoin (CRYPTO: BTC) has been chopping sideways. People Are Bitcoin Rich But Fiat Poor, Says Saylor During a podcast with Bitcoin influencer Natalie Brunell, Saylor said that $2.3 trillion worth of Bitcoin, its market capitalization, is unbanked, meaning owners cannot borrow against it. “And because they c ...