*๐จMichael Saylor's Bitcoin Predictions๐น*
Michael Saylor, the executive chairman of MicroStrategy, has made several predictions about Bitcoin's future value
- *Base Case:* $13 million by 2045, with an annual rate of return of 29%
- *Bull Case:* $49 million by 2045, capturing 22% of global wealth
- *Bear Case:* $3 million by 2045, accounting for 2% of global wealth
*Rationale*
Saylor's predictions are based on his analysis of Bitcoin's current market cap and its potential for growth
- Bitcoin's current price is around $65,000, with a market cap of $1.3 trillion, representing just 0.1% of global wealth
- To reach $13 million by 2045, Bitcoin would need an annual rate of return of 29%
- At $13 million, Bitcoin would have a market cap of $280 trillion and account for 7% of global wealth
*Context*
Saylor's predictions are notable given his company's significant investment in Bitcoin.
- MicroStrategy has accumulated 226,331 Bitcoin tokens over the past four years, currently valued at approximately $15 billion
- Saylor has been a vocal advocate for Bitcoin and has encouraged others to invest in it
