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Michael Saylor Teases Potential Bank Meeting on Bitcoin
Source: CryptoNewsNet Original Title: Michael Saylor teases potential bank meeting on Bitcoin Original Link: https://cryptonews.net/news/bitcoin/32124900/
Overview
Michael Saylor, executive chairman of MicroStrategy, hinted today at a possible meeting with a bank, potentially related to Bitcoin. The Strategy executive shared a photo taken from a high-rise office overlooking the city and asked his followers to “guess the bank.”
Banks Approaching Saylor on Bitcoin
Saylor’s teaser comes after he revealed at Bitcoin MENA in Abu Dhabi this week that top US banks have approached him in the last six months. He stated:
Market Speculation
The photo prompted widespread speculation in social media comments. Many users guessed Saylor was meeting with JPMorgan, while others suggested the shot might have been taken at Deutsche Bank.
JPMorgan’s Bitcoin Move
JPMorgan, led by long-time Bitcoin skeptic Jamie Dimon, has filed for a structured note leveraged product via BlackRock’s IBIT that targets Bitcoin. The investment vehicle, pending SEC approval, could yield 1.5x gains on Bitcoin by 2028, but also poses substantial loss risks if Bitcoin’s price declines.