Saylor: Most Investors Prefer 10% Bank Over Bitcoin

Saylor doubts mass Bitcoin adoption, sees need to blend crypto with traditional finance.

  • MicroStrategy‘s Michael Saylor argues that most retail investors would prefer a stable 10% return from traditional markets over Bitcoin‘s volatility.
  • He estimates only 1-2% of retail investors are willing to allocate the bulk of their savings to the cryptocurrency.
  • A Stocktwits poll reveals crypto remains a significant portfolio allocation for 12% of respondents, even as tech stocks lead.
  • Saylor believes the next wave of adoption requires combining the best aspects of equity, credit, and crypto assets.

In a recent interview with Natalie Brunell, MicroStrategy executive chairman Michael Saylor stated that the overwhelming majority of retail investors would choose a bank account offering a stable 10% return over investing in Bitcoin. He characterized the leading cryptocurrency as a “roller coaster that’s pulling nine G’s,” which most are not yet ready to ride. Consequently, he believes the crypto industry must evolve to attract the next wave of participants by merging digital innovation with traditional finance benefits.

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Saylor estimated that only 1% to 2% of retail investors would direct most of their savings toward Bitcoin, noting that passionate adopters have already bought in over the past decade. He detailed three current scenarios for investors: high-growth, high-volatility assets like Bitcoin; broad equity indexes with ~10% returns; or investment-grade bonds with lower, taxable yields. Meanwhile, retail sentiment data from Stocktwits showed a shift to ‘neutral’ for Bitcoin, while sentiment for major ETFs like SPY and QQQ remained ‘bearish’.

The executive chairman’s comments come as MicroStrategy shares have declined nearly 20% year-to-date alongside Bitcoin’s ~26% drop. However, a separate Stocktwits poll indicated crypto is holding its ground in retail portfolios, with 12% of respondents allocating the largest share to it. Some users reported dollar-cost averaging into Bitcoin during the slump, while others maintained diversified exposure through long-term call options.

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