CEO of Pantera Capital: Michael Saylor has enlightened me.

robot
Abstract generation in progress

Initially, although he was one of the early believers in Bitcoin, Morehead did not fully understand Saylor's strategy. However, when witnessing traditional investment funds earning billions of USD in profits from this model, he realized that this was "a revolutionary approach mechanism."

"They invested less than 1 billion USD but returned 6 billion USD in profit for investors. That was a fantastic deal, and it was this that made me realize the true potential. This approach allows many different groups of investors to access digital assets," Morehead said.

CEO Dan Morehead## Bet on Solana

From this change in perception, Morehead began to shift towards the model of a digital asset management company (DAT) – starting with The Solana Company.

In mid-September, he launched this company by rebranding Helius Medical Technologies to Solana Treasury Firm.

"Our largest investment currently is in Solana, but we also hold many other coins. Solana has extremely high performance and is in a period of brilliance," Morehead shared.

Morehead predicts that in the future, there will be hundreds of blockchains operating together:

"Bitcoin, Ethereum, and Solana are very important. But one day, there might be a new blockchain with a special use case that is equally important," he said.

At the same time, Morehead affirmed that Bitcoin has won in its role as 'digital gold':

“There are 118 elements in the periodic table, and humanity chooses element number 79 (gold) to store value. Although there are more beautiful elements like platinum or palladium, gold remains the optimal choice. The same goes for cryptocurrency – there are over 25,000 tokens, but only one coin possesses a massive network effect and a solid 15-year history, which is Bitcoin,” he stated.

Vương Tiễn

BTC-1.11%
ETH-2.76%
SOL-1.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)