MicroStrategy Chairman Michael Saylor predicts that Bitcoin will eventually be worth $13 million by 2045. Saylor's prediction is based on the "Bitcoin24" model, which assumes a 20% annual growth rate for Bitcoin. He believes that education and adoption by high-net-worth individuals will be the main drivers of this prediction. Saylor highlights the increasing capital allocation to Bitcoin, including the launch of spot Bitcoin ETFs in the US, which have seen significant inflows. Asset managers like BlackRock are now recommending that investors allocate up to 2% of their portfolio to Bitcoin. Saylor also notes that companies are allocating a portion of their treasuries to Bitcoin. MicroStrategy has led the way with holdings exceeding 439,000 BTC. Saylor believes that Bitcoin is emerging as the digital capital network for the world.
- Content Editor ( thecryptobasic.com )
- 2024-12-18
Here’s When and How Bitcoin Gets to $13M, According to Michael Saylor