Michael Saylor: Crypto Investors Need to Adjust Their Bitcoin Predictions

Started by 482popular, Dec 16, 2024, 07:14 AM

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Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), continues to be a prominent advocate for Bitcoin, maintaining his bullish stance despite recent market volatility. He has projected that Bitcoin could reach $13 million by 2045, implying a 29% annualized return over the next two decades .
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In line with this vision, Strategy has announced a $21 billion at-the-market equity offering to fund further Bitcoin acquisitions, even after reporting a fifth consecutive quarterly loss due to unrealized losses on its cryptocurrency assets . As of April 28, 2025, the company holds 553,555 bitcoins, valued at approximately $37.90 billion.
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Saylor's unwavering commitment to Bitcoin, despite financial setbacks, underscores his belief in its long-term value. He emphasizes Bitcoin's fixed supply and its potential to serve as a superior store of value compared to traditional assets like gold .
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While Saylor's predictions are ambitious, they reflect a broader trend among some investors who view Bitcoin as a strategic asset. However, it's essential for investors to conduct thorough research and consider the inherent risks associated with cryptocurrency investments.
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For a deeper insight into Saylor's perspective, you can watch his recent discussion on Bitcoin's future:


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