MicroStrategy Co-Founder Michael Saylor's Prediction About Bitcoin Price To Hit $820K
-Saylor's prediction aligns with former U.S. President Donald Trump’s announcement of plans to set up a strategic Bitcoin reserve for the United States.
-Also, there is speculation about $BTC ’s potential to overtake gold as the dominant global store of value.
-There are chances for Bitcoin to hit $820K if it reaches the $16 trillion market cap of gold.
-Right now, Bitcoin has been holding a strong bullish sentiment and this cryptocurrency is trading at $100,981.
Saylor's company MicroStrategy has 447,470 BTC in its possession as of January 2025. Now, it has become the biggest corporate owner of Bitcoin. It raised its BTC yield to 74.3% for FY 2024. Now, the company's 21/21 plan to purchase BTC to the tune of $42 billion is still on course.