Michael Saylor Says Republicans Have More 'Progressive’ View on Crypto, Democrats ‘Drifting to the Middle’

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Michael Saylor Says Republicans Have More 'Progressive’ View on Crypto, Democrats ‘Drifting to the Middle’
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Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.

“There’s no doubt the Republicans have taken a very pro crypto stance," MicroStrategy Executive Chairman Michael Saylor said Monday.

“At this point the Republicans have shifted to way progressive and the Democrats are drifting to the middle in terms of their view toward crypto and bitcoin,” he added. Saylor appeared unbothered by bitcoin's recent brutal run, which saw the price tumbling to about a seven-month low below $53,000 last week. He reiterated, which now accounts for 0.1% of global capital, will eventually rise to 7% of global capital, or a price of $13 million over the next two decades.

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