Michael Saylor: Large banks such as Bank of New York Mellon and Morgan are starting to issue loans backed by Bitcoin

Dec 10, 2025 14:54:57

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According to Cointelegraph, Michael Saylor, founder and executive chairman of Strategy, stated that several large banks, including BNY Mellon, Wells Fargo, Bank of America, Charles Schwab, JPMorgan Chase, and Citigroup, have begun issuing credit backed by Bitcoin as collateral.

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