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Michael Saylor hints at major bank meeting regarding Bitcoin
Source: CryptoBriefing Original Title: Michael Saylor teases potential bank meeting on Bitcoin Original Link: Michael Saylor hinted today that he met with a bank, possibly about Bitcoin.
The MicroStrategy executive chairman shared a photo taken from a high-rise office overlooking the city and told his followers to “guess the bank.”
The photo prompted widespread speculation after Saylor said at Bitcoin MENA in Abu Dhabi this week that top US banks had approached him in the last six months.
“I have noted and been approached by BNY Mellon, by Wells Fargo, Bank of America, by Charles Schwab, by JPMorgan, by Citi. They’re all starting to issue credit against either Bitcoin or against Bitcoin derivatives like IBIT,” he said.
JPMorgan, led by long-time Bitcoin skeptic Jamie Dimon, has filed for a structured note leveraged product via a major asset manager’s Bitcoin ETF that targets Bitcoin. The investment vehicle, pending regulatory approval, could yield 1.5x gains on Bitcoin by 2028, but also poses substantial loss risks if Bitcoin’s price declines.
Many users guessed Saylor was meeting with JPMorgan, while others suggested the shot might have been taken at Deutsche Bank.