MicroStrategy CEO and prominent bitcoin maximalist Michael Saylor has said that the current surge in bitcoin's momentum is fueled by educational efforts from leaders like BlackRock CEO Larry Fink, who positions bitcoin as a safeguard against monetary debasement and global instability.

Saylor spoke with Mario Nawfal and Roundtable CEO James Heckman, in a exclusive, five-part interview for TheStreet. He said that "BlackRock has been driving the education effort there," by educating the market about bitcoin's long-term value and helping mainstream investors gain a foothold into the nascent asset class.

“Everybody wants to get on the next Big Tech trend, so first of all, that’s driving it higher,” Saylor told TheStreet. “It’s the idea of gold from thousands of years ago, but its coming back with a Big Tech twist.”

“It’s gold on a Big Tech network, with all the things we love about technology, mobile phones, the internet, computers, AI – smarter, faster, stronger,”

Saylor also noted the Federal Reserve's pivot from tightening to loosening monetary policy last week has bolstered bitcoin's potential. “That’s good for all assets, but traditionally that’s even better for global digital capital like crypto assets.” He also mentioned the potential for large banks, like BNY Mellon, to begin custodying bitcoin: “The entire industry has been waiting for too-big-to-fail banks to start to custody the asset. You can imagine, if your bank wouldn’t let you hold Apple stock, or you couldn’t hold a bond, then probably those assets would be less valued, and so, bank custody is a big deal," Saylor said.

Furthermore, Saylor highlighted the approval of option ladders for BlackRock’s IBIT spot Bitcoin ETFs, labeling it a "huge deal" as it allows for leveraged trading. He also anticipates greater regulatory clarity after the November presidential election: “There’s massive pressure on both political parties to bring a digital asset framework to the marketplace." The increased institutional adoption of bitcoin will also compel traditional investors to enter, given that “99.9% of the money in the world is held by people who don’t have the majority of their assets in bitcoin,” Saylor added.