Michael Saylor, one of Bitcoin’s most vocal proponents, has again projected Bitcoin’s price to surge to $100,000 before the end of the year. The MicroStrategy founder continues to highlight Bitcoin as a safe store of value, especially amid global economic instability and rising inflation.

Bitcoin as a Hedge

Saylor asserted that Bitcoin is increasingly being considered a top choice for institutional investors seeking protection from economic stress. He said Bitcoin offers a resilient alternative to traditional currency devaluation, making it a “digital gold” for the modern era.

MicroStrategy: Largest Corporate Bitcoin Holder

Under Saylor’s leadership, MicroStrategy has invested billions of dollars into Bitcoin, making it the world’s largest publicly traded company with Bitcoin holdings. The decision has received widespread support from the company’s shareholders, who are bullish on the cryptocurrency’s long-term potential.

Regulation and Institutional Adoption

One key factor that Saylor believes could drive Bitcoin’s price is positive regulatory developments. Clearer and more cryptocurrency-friendly regulations could encourage Bitcoin adoption by large financial institutions and accelerate the legitimacy of this digital asset in the global market.

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