Michael Saylor has revealed the grand vision for his company MicroStrategy: to become the first-ever Bitcoin Bank! 🟠💸
🔹 The Goal:
MicroStrategy holds a staggering 252,220 BTC (worth $15 billion), making them the largest corporate Bitcoin holder. But Saylor's ambition goes beyond accumulation—he wants to turn the company into a Bitcoin-centric bank.
🔹 Why Bitcoin?
For Saylor, Bitcoin isn’t just the best-performing asset of the 21st century. It's also the ultimate hedge against inflation and a long-term store of value. 📈🔥 He predicts that by 2045, BTC could reach $13 million per coin, as it becomes the world’s top deflationary asset.
🔹 The Strategy:
MicroStrategy's bold plan involves raising funds through debt and stocks, reinvesting into Bitcoin, aiming for returns of 30%-50% annually without traditional loan risks. Saylor believes Bitcoin’s annual growth will be around 29%, providing unmatched returns for investors.
💡 The future is Bitcoin, and MicroStrategy wants to lead the way as the biggest financial company built on $BTC 🌐⚡
#BTC60KResistance #MicroStrategу #MichealSaylor #Bitcoin❗

As Bitcoin prices tumble, Michael Saylor, co-founder and chairman of MicroStrategy, has offered a timely reminder to the crypto community. In a tweet, Saylor stressed the importance of holding onto Bitcoin, writing, "You do not sell your Bitcoin."

Saylor's message comes as market sentiment takes a sharp downturn, with the Crypto Fear and Greed Index showing extreme fear. His warning is likely aimed at discouraging investors from making rash decisions driven by fear and uncertainty, as panic selling could lead to further losses.

After a brief boost in cryptocurrency markets following Friday’s U.S. jobs data, Bitcoin (BTC) quickly reversed course, dropping to its lowest price in a month. Bitcoin surged above $57,000 initially but then fell back to under $54,000, marking its lowest point since August 5th.

Saturday's early trading saw Bitcoin decline 3% to $54,360, while Ethereum, Dogecoin, and Pepe also suffered losses close to 4%. The price drop caused nearly $292 million in liquidations on crypto derivatives markets, according to CoinGlass, primarily affecting traders who had taken long positions in anticipation of price gains.

𝘽𝙏𝘾 𝙋𝙧𝙞𝙘𝙚 𝙄𝙣𝙙𝙞𝙘𝙖𝙩𝙤𝙧𝙨 𝙖𝙣𝙙 𝘼𝙣𝙖𝙡𝙮𝙨𝙩 𝙄𝙣𝙨𝙞𝙜𝙝𝙩𝙨

Julio Moreno, head of Research at CryptoQuant, suggested that Bitcoin's weak performance is due to a drop in demand. "Demand is slowing, and most valuation indicators are showing bearish trends," he explained.

CryptoQuant CEO Ki Young Ju noted that Coinbase's Bitcoin spot trading volume dominance has reverted to pre-spot ETF levels. He remarked that for the bull market to continue, U.S. demand must increase and added, "I expect this in Q4, but I could be wrong. We’re still in the middle of the cycle and haven’t seen the retail bubble yet."

Crypto analyst Ali Martinez added that the Accumulation Trend Score is approaching zero, signaling that market participants are either distributing or not buying Bitcoin at this time.

#USNonFarmPayrollReport #DOGSONBINANCE #MichealSaylor #USNonFarmPayrollReport #BNBChainMemecoins

In a compelling address at the 2023 Australia Crypto Convention, Michael Saylor, the co-founder of MicroStrategy, shared his bullish outlook on Bitcoin (BTC), foreseeing an unprecedented surge in demand that could propel the cryptocurrency to staggering heights. Saylor's predictions suggest a transformative journey for Bitcoin in the coming years, positioning it as a powerhouse asset in the global financial landscape.

Key Dynamics: Supply and Demand in Focus
Saylor underscored the pivotal role of supply and demand dynamics in shaping Bitcoin's future trajectory. He anticipates a monumental shift in the next 12 months, which he aptly termed Bitcoin's 'coming out party.' During this period, Saylor envisions monthly demand potentially doubling, tripling, or even increasing by a factor of 10. Simultaneously, the available supply for sale is expected to undergo a significant reduction, halving in April.
Bitcoin's Evolution: From College to the Real World
Describing the next 12 months as Bitcoin's transition from 'college' to the real world, Saylor emphasized the transformative phase ahead. This period is poised to witness a confluence of heightened demand and diminished supply, setting the stage for Bitcoin's maturation as a mainstream asset.
Bitcoin's Growth Trajectory: 2024 to 2028

Looking beyond the immediate future, Saylor painted a picture of sustained growth for Bitcoin from 2024 to 2028. He envisages widespread adoption across major players in the tech industry and mega banks worldwide, with these sectors seamlessly integrating Bitcoin into their products and services. Saylor also anticipates intense competition among industry giants, such as Apple and Meta (Facebook), vying to accumulate significant amounts of BTC for substantial future profits.
Bold Predictions for the Long Term: $10 Million Per Bitcoin
In a visionary leap, Saylor projected Bitcoin's future value, stating that it could reach unprecedented levels. Looking 25 years ahead, he confidently asserted that Bitcoin could outperform any other high-quality asset, reaching values of $1 million, $2 million, $5 million, or even an astonishing $10 million per coin.
MicroStrategy's Bitcoin Holdings and Impact
As of November 2, MicroStrategy, the company co-founded by Saylor, holds a substantial amount of Bitcoin, totaling around 158,400 BTC. The firm's investment, valued at approximately $900 million, underscores its unwavering confidence in Bitcoin as a long-term store of value.

A Bold Vision for Bitcoin's Future:
Michael Saylor's bold predictions and optimistic outlook paint a compelling vision for Bitcoin's future. As the cryptocurrency ecosystem continues to evolve, Saylor's foresight positions Bitcoin as a transformative force in the financial landscape, with the potential to redefine traditional notions of value and investment in the decades to come.
#MichealSaylor #bitcoin