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🚨🚨 Bitcoin prediction from Saylor: 3 reasons it will reach millions of dollars
Michael Saylor, chairman of the board of directors of MicroStrategy, the company that has the most Bitcoins on its balance sheet with about 160 thousand BTC, predicts that the number one cryptocurrency will reach $ 5 million.
Speaking in a post on X (formerly Twitter) yesterday, Saylor said, "Bitcoin will replace gold and will rise to 500 thousand dollars no matter what, but three catalysts will make it even faster. These three things will take us to $5 million, not $500 thousand." said.
The boss of MicroStrategy clarified the three factors that he believes will move Bitcoin to $ 5 million as follows:
"A spot ETF where you can easily buy $100 million worth of Bitcoin is one of them. Secondly, the emergence of systems in which your bank will store Bitcoins on your behalf and you will receive loans in return. The third is that I will now be able to write Bitcoin according to its fair value on my balance sheet."
Bitcoin reaching a price of $ 5 million means that the market value of the asset is $ 105 trillion. This figure is 4.5 times the gross domestic product of the United States.
MicroStrategy, which has been continuing to buy Bitcoin regularly since 2020, has 158 thousand 400 BTC on its balance sheet. The company controls 0.8 percent of all BTC in circulation, while their total value is over $ 5.5 billion.
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Michael Saylor, chairman of the board of directors of MicroStrategy, the company that has the most Bitcoins on its balance sheet with about 160 thousand BTC, predicts that the number one cryptocurrency will reach $ 5 million.
Speaking in a post on X (formerly Twitter) yesterday, Saylor said, "Bitcoin will replace gold and will rise to 500 thousand dollars no matter what, but three catalysts will make it even faster. These three things will take us to $5 million, not $500 thousand." said.
The boss of MicroStrategy clarified the three factors that he believes will move Bitcoin to $ 5 million as follows:
"A spot ETF where you can easily buy $100 million worth of Bitcoin is one of them. Secondly, the emergence of systems in which your bank will store Bitcoins on your behalf and you will receive loans in return. The third is that I will now be able to write Bitcoin according to its fair value on my balance sheet."
Bitcoin reaching a price of $ 5 million means that the market value of the asset is $ 105 trillion. This figure is 4.5 times the gross domestic product of the United States.
MicroStrategy, which has been continuing to buy Bitcoin regularly since 2020, has 158 thousand 400 BTC on its balance sheet. The company controls 0.8 percent of all BTC in circulation, while their total value is over $ 5.5 billion.
FOLLOW us
LIKE and SHARE Post
COMMENT Below 👇
#BTC #Binace. #Crypto
Mis amigos: Vamos a salir a un bar.
Yo: No tengo tiempo.
Mis amigos: Que haces todo el día?.
Yo : Revisando las velas en #Binace.
#BTCFREEBOX #CryptoMeme #BTC
Yo: No tengo tiempo.
Mis amigos: Que haces todo el día?.
Yo : Revisando las velas en #Binace.
#BTCFREEBOX #CryptoMeme #BTC
