Bitcoin to Hit $13M in 21 Years, Says Michael Saylor
Michael Saylor, executive chairman of MicroStrategy, remains very optimistic about Bitcoin (BTC). At the Bitcoin 2024 conference in Nashville, Saylor predicted that Bitcoin could rise to $13 million by 2045.
🔹 Current Status: Bitcoin's price is around $65,000, with a market cap of $1.3 trillion, which is 0.1% of global wealth.
🔹 Future Predictions:
1️⃣ Base Case: $13 million by 2045, with Bitcoin's market cap at $280 trillion, accounting for 7% of global wealth.
2️⃣ Bull Case: $49 million, accounting for 22% of global wealth.
3️⃣ Bear Case: $3 million, accounting for 2% of global wealth.
Under Saylor's leadership, MicroStrategy has accumulated 226,331 Bitcoins over the past four years, currently worth about $15 billion, which is 80% more than the purchase price.
Stay tuned for more crypto sights! 👍
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