๐Ÿš€Michael Saylor, MicroStrategy's co-founder, says the recent listing of #Bitcoin ETFs is pushing up the token's price due to a massive supply-demand imbalance! ๐ŸŒ

"There's ten times as much demand for bitcoin coming into these ETFs as there is supply from the natural sellers who are the miners," he told CNBC. ๐Ÿ“ˆ

Saylor also revealed that MicroStrategy will be re-branding into a bitcoin development company, reflecting its strategy to accumulate more #crypto and promote the growth of the Bitcoin network. ๐Ÿ’ผ

What do you think about this shift in focus for MicroStrategy? Share your thoughts in the comments! ๐Ÿ’ฌ