▲ Bullish
At the Freedom Tech DC summit, Michael Saylor stated that just 2-3 major US banks could generate $100 billion in Bitcoin-backed loans within the next 12 months.
Saylor argues that this influx of capital could absorb approximately ten years' worth of new Bitcoin supply, potentially driving the price of Bitcoin 2-3 times higher and expanding the digital asset industry to around $10 trillion.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.