Bitcoin ETFs Won’t Be a Threat to MicroStrategy (MSTR), Michael Saylor Says

MicroStrategy Inc. executive chair and co-founder Michael Saylor says the company will remain an attractive option to investors seeking exposure to Bitcoin even if the US approves exchange-traded funds that hold the largest cryptocurrency.

“The ETFs are unlevered and they charge a fee,” Saylor said during an interview with Bloomberg TV on Tuesday. “We provide you leverage, but we don’t charge a fee. We offer a high-performance vehicle for people that are Bitcoin long investors.”