Michael Saylor: Each Bitcoin May Reach $13 Million by 2045, Could Reach $49 Million in a Bullish Market Scenario
Micro Strategy founder Michael Saylor, speaking at the Bitcoin Conference, said that Bitcoin's characteristics as a digital capital could push the price of each Bitcoin over $13 million by 2045 as adoption grows. He said, "By 2045, the price of bitcoin will reach $13 million per coin. In a bear market scenario, the price of bitcoin could be $3 million. But in a bull market scenario, the price of bitcoin could reach $49 million." Saylor often cites Micro Strategy's stock price as evidence of its success. So far this year, the company's shares have risen 155 per cent to around $1,750, peaking at $1,919 in March. He says: "By 10 August this year, we'll have been on this path long enough for 48 months, and a lot of companies are trying to emulate chipmaker Nvidia at the moment, but interestingly, it's easier to emulate MicroStrategy, and I've given you the script for that."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Secretary of the National Security and Defense Council of Ukraine and his team have departed for the United States.
Shanghai's fintech industry scale in 2024 is approximately 440.5 billions yuan.
A certain whale shorted 5,000 ETH with 5x leverage, worth approximately $15.02 million.
Froggie market cap is now $8.18 million, with a 24-hour increase of 37.09%.