Michael Saylor, CEO of MicroStrategy Inc. (NASDAQ:MSTR), deemed the Donald Trump-led Republican triumph the “biggest” bullish catalyst for Bitcoin (CRYPTO: BTC) over the last four years.
What Happened: In an interview with CNBC on Thursday, Saylor said that the “red wave” has been “incredibly auspicious” for Bitcoin and the broader cryptocurrency industry.
The Bitcoin bull anticipated a friendlier SEC at the helm amid speculations of current chair Gary Gensler stepping aside.
“It’s very good for the cryptocurrency industry. We’re going to see a lot more pro-Bitcoin policies. We are going to see a digital assets framework. We are going to see an end to the war on crypto.,” Saylor predicted.