Bitcoin Is A $100 Trillion Idea That Belongs In Every Portfolio, Corporate Balance Sheet And Retirement Account, Analyst Says

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Metaplanet’s Director of Bitcoin strategy Dylan LeClair sees Bitcoin BTC/USD as a significant addition to all portfolio types, lauding MicroStrategy Inc. MSTR CEO Michael Saylor for his strategy to ...

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MSTR CEO Michael Saylor for his strategy to ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/10/41381492/bitcoin-is-a-100-trillion-idea-that-belongs-in-every-portfolio-corporate-balance-sheet-and\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Is A $100 Trillion Idea That Belongs In Every Portfolio, Corporate Balance Sheet And Retirement Account, Analyst Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Is A $100 Trillion Idea That Belongs In Every Portfolio, Corporate Balance Sheet And Retirement Account, Analyst Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-17 21:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/24/10/41381492/bitcoin-is-a-100-trillion-idea-that-belongs-in-every-portfolio-corporate-balance-sheet-and><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Metaplanet’s Director of Bitcoin strategy Dylan LeClair sees Bitcoin BTC/USD as a significant addition to all portfolio types, lauding MicroStrategy Inc. MSTR CEO Michael Saylor for his strategy to ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/10/41381492/bitcoin-is-a-100-trillion-idea-that-belongs-in-every-portfolio-corporate-balance-sheet-and\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSTR","symbol_name":"MicroStrategy Incorporated","start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/24/10/41381492/bitcoin-is-a-100-trillion-idea-that-belongs-in-every-portfolio-corporate-balance-sheet-and","article_id":"2476785331","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2024/10/17/ai-generated-Bitcoin.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476785331","pubTimestamp":1729172305,"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"Metaplanet’s Director of Bitcoin strategy Dylan LeClair sees Bitcoin (CRYPTO: BTC) as a significant addition to all portfol","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSTR":"MicroStrategy Incorporated","MSTX":"Defiance Daily Target 1.75X Long MSTR ETF","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","BK4595":"比特币概念","BK4588":"碎股","BK4023":"应用软件"},"translate_title":"分析师表示，比特币是一个价值100万亿美元的想法，属于每个投资组合、企业资产负债表和退休账户","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSTR":0.7,"MSTX":0.63},"content_text":"Metaplanet’s Director of Bitcoin strategy Dylan LeClair sees Bitcoin BTC/USD as a significant addition to all portfolio types, lauding MicroStrategy Inc. MSTR CEO Michael Saylor for his strategy to use it as a hedge.\nWhat Happened: In a Fox Business interview on Wednesday, LeClair emphasized Bitcoin's role as a transformative asset in corporate finance. He described Bitcoin as more than a speculative asset, suggesting it has the potential to grow into a $100 trillion technology, which he believes should be included in portfolios, retirement accounts, pensions and corporate balance sheets.\nLeClair pointed out that even Wall Street is beginning to recognize Bitcoin's value, especially as traditional currencies like the dollar, euro and yen weaken.\nHe cited the success of MicroStrategy as a prime example of Bitcoin's potential. Since adopting Bitcoin in August 2020, the company has grown from a $1 billion firm to a $36 billion market cap entity, outpacing all S&P 500 stocks.\nLeClair appreciated Saylor for using Bitcoin's volatility to his advantage, transforming MicroStrategy's approach to corporate finance. What began as a defensive hedge during the COVID-19 crisis has evolved into an aggressive growth strategy.\n\nAlso Read: Billionaire Larry Fink Believes Infrastructure Will Lift The Global Economy\nWhy It Matters: LeClair's insights echo growing sentiment across financial sectors, as reflected in recent comments by BlackRock Inc. CEO Larry Fink, who noted Bitcoin's bright future regardless of political outcomes.\nThe broader acceptance of Bitcoin by major institutions, like MicroStrategy's plan to become the leading Bitcoin bank, further highlights the asset's growing influence in reshaping corporate finance. The company’s successful Bitcoin strategy provides a blueprint for other corporations to follow.\nWhat’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.\nRead Next: \n\nMicroStrategy’s Bitcoin ‘Strategy Playbook’ Explained: Will Others Follow This ‘Radical Step’?\n\nImage created using artificial intelligence with Midjourney. Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. 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