Michael Michael Saylor keeps putting his money where his mouth is:
Michael Saylor, the executive chairman of of MicroStrategy, has been a vocal advocate for Bitcoin, on X and offline. Here folllows Michael Saylor's actions and potential consequences:
-Predicting its price will reach $13 million by 2045 in a base-case scenario, which would make it 7% of global wealth.
- His biggest purchase in 2024 was acquiring 27,200 BTC.
- MicroStrategy's total holdings to date are 279,420 BTC.
- Saylor's bullish belief in Bitcoin is as a hedge against inflation.
- Potential objective in capturing up to 22% of global wealth in a bull case scenario.
- In a bearish scenario,BTC will be at least 2% of global wealth.
WORST CASE SCENARIO: However, if Bitcoin were to crash to zero, Saylor's worst-case scenario would involve MicroStrategy facing enormous financial losses, given their substantial investment, possibly leading to bankruptcy or severe dilution of shares to cover debts. Despite this, Saylor has expressed an unwavering commitment to holding Bitcoin long-term, viewing it as an asset with "economic immortality.