Michael Saylor on Bitcoin’s role in crypto markets: ‘You have advocates in the cabinet, even the head of the FBI; a president’

Michael Saylor, Co-founder, MicroStrategy - X
Michael Saylor, Co-founder, MicroStrategy - X
0Comments

Michael Saylor, Co-founder of MicroStrategy, said that Bitcoin has become the centerpiece of today’s crypto ecosystem. He argued that its trading power now eclipses major institutional players and even large public-sector budgets. This statement was made during Binance Blockchain Week.

“Bitcoin is the foundation of economic markets — its trading power exceeds Google, Microsoft, and even the Navy’s spending power,” said Michael Jerry Saylor, Executive Chairman. “This is not rhetorical — you have advocates in the cabinet, even the head of the FBI; a president supporting this asset class, and that’s a big deal.”

Binance Blockchain Week is presented by Binance as a global gathering for traders, builders, institutions, and policymakers to discuss real-world crypto adoption, regulation, and infrastructure. The 2025 agenda emphasizes Bitcoin, stablecoins, decentralized finance (DeFi), and Web3 products. The event offers a snapshot of current priorities and debates across the crypto industry.

According to DemandSage’s 2025 crypto adoption report, around 559 million people worldwide own or use cryptocurrency, putting global adoption near 9.9% of internet users. The analysis notes that this figure has climbed significantly in recent years. The data shows how crypto usage has expanded from early adopters into a broad mainstream user base.

Binance’s 2024 year-end report highlights reaching roughly 250 million registered users alongside record trading volumes across its platform. The company describes major investments in compliance and security, including larger specialist teams and approvals in multiple jurisdictions. These steps, together with education and product innovation, position Binance as a leading exchange during a complex phase for the crypto sector.

Saylor is the chairman and co-founder of MicroStrategy, a business intelligence company that became one of the earliest public firms to adopt Bitcoin as a treasury asset. His profile notes his role as a prominent and vocal Bitcoin advocate. His appearances at industry events have helped frame how Bitcoin fits within the broader crypto landscape.



Related

Robert Kopitsch, secretary general at Blockchain for Europe - Blockchain for Europe

Blockchain for Europe announces Coinbase’s return as summit sponsor for 2024

Blockchain for Europe has announced that Coinbase will return as a sponsor for the 6th Blockchain for Europe Summit in 2024.

Marina Markezic

Avalanche9000 to host summit on global regulatory shifts

Avalanche9000 is putting on a summit with a panel of “powerhouse women in blockchain” to discuss navigating global regulatory shifts.

Daniel Salmerón Mir, co-CEO & co-Founder of the European Blockchain Convention - European Blockchain Convention

European Blockchain Convention announces key insights from MiCA panel discussion

The European Blockchain Convention (EBC) has announced insights from a panel discussion on the Markets in Crypto-Assets Regulation (MiCA) at its tenth convention, #EBC10. The event featured industry experts discussing MiCA’s potential to position the European Union as a global leader in the cryptocurrency sector. This announcement was shared in an October 9 post on X.

World Liberty Financial’s token is down over 40% on the year, and Donald Trump is facing more and more accusations of conflicts of interest.
Could the significant growth in mining activity associated with Bitcoin on the territory of Russia help strengthen the ruble? This is the opinion recently shared by the governor of the Russian central bank.
The crypto industry is ever-growing and ever-changing. It would be difficult to summarize it in 50 names. Here are a few final individuals and entities we wanted to make note of this year.
Experts say Bitcoin miners will pivot to AI in 2026, with more energy asset purchases and more convergence between AI, mining and power firms.
How much will it be worth XRP in 2026, 2036 and 2046? We asked AI ChatGPT to give us its analysis and expectations.
Regulatory clarity is on the horizon as sources indicate the Central Bank is preparing to allow banks to fully onboard digital assets and related services.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Crypto Republique.