MicroStrategy's CEO Phong Le recently discussed his "first encounter" with Bitcoin. As early as the beginning of 2020, when this CEO first learned about Bitcoin, his feelings were like standing at a historical turning point.

He used an interesting analogy: Bitcoin is like the Apple that changed the world back then, or Netflix that transformed entertainment consumption, and even more like revolutionary products in the early days of the internet. In other words, today's Bitcoin might be in the stage of the iPhone's emergence or the rise of streaming media — still in its early days with unlimited potential.

This was the latest perspective Le shared during an interview on November 28, 2025. He used the history of product innovation to compare Bitcoin's development trajectory, implying that mainstream asset adoption may have just begun. From his initial personal understanding to his current judgment of Bitcoin's position, this CEO's remarks reveal a signal: large institutions' views on this asset are quietly warming up.