Can You Feel The Altcoin Bullrun starting Effects ,🤑🤑😅😅🫁💨💨Or are you still stuck?
Tuesday Mission 💰
Michael Saylor contends that Bitcoin surpasses traditional options like stock buybacks and bonds. Let’s dive into the facts together!
Who is Michael Saylor? 🤔
Michael Saylor, a tech entrepreneur, co-founded MicroStrategy in 1989 and grew it into a publicly traded success. Despite early career challenges, including a dot-com bubble scandal, he reinvented himself as a Bitcoin evangelist in 2020. Here’s why his advice is worth considering:
1. He Bets With Money, Not Words:** MicroStrategy shifted its corporate treasury to Bitcoin, accumulating over 386,000 BTC worth around $36 billion today.
Impact of Microsoft Adopting Bitcoin as a Treasury Asset:
For Bitcoin:
1. Increased legitimacy and adoption among corporations and institutional investors.
2. Potential price surge due to demand from Microsoft’s investment.
3. Strengthened network effect and use case as a digital store of value.
4. Increased market volatility influenced by Microsoft’s moves.
For Microsoft:
1. Potential stock value growth if Bitcoin outperforms traditional assets.
2. Enhanced brand leadership as a forward-thinking company embracing cutting-edge financial strategies.
3. Risk of treasury losses from Bitcoin’s significant volatility.
Saylor’s Prediction:
- He predicts that Microsoft’s stock price could reach $584 per share and shareholder value could increase to $4.9 trillion by 2034 if it adopts BTC.
- That’s around 35.5% increase from today’s prices.
- It would also give BTC much needed stimulus to continue the rally above $100k.
The price is still consolidating and we’re preparing for the big breakout trade out of this range! 😉
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