Michael Saylor Discusses Impact of Ordinals on Bitcoin Adoption in Recent Podcast

MicroStrategy co-founder Michael Saylor has discussed the impact of BTC Ordinals on Bitcoin mining and adoption, citing it as a catalyst for adoption. He also mentioned other factors such as bank failures, hyperinflation, and regulators referring to an asset as a commodity. Cryptocurrency exchange OKX has introduced Ordinals to its wallet and marketplace, while Binance has hinted at plans to support BTC Ordinals in collaboration with more NFT projects. In other news, MicroStrategy has purchased an additional 5,050 bitcoins for approximately $242.9 million, bringing their total holdings to 114,042 bitcoins, which Saylor believes is a better store of value than gold.

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