Strategy Chairman Michael Saylor has insisted that #Bitcoin would become a global powerhouse asset, predicting an ambitious surge in valuation.

Saylor has dropped another Bitcoin bombshell. Interestingly, each of his statements in a public setting always emphasizes the bullish trajectory of the pioneering cryptocurrency.

Yesterday, he reiterated Bitcoin’s bright future outlook, predicting its growth to become a global powerhouse. Furthermore, he insisted that the asset’s valuation would hit $280 trillion one day.

Saylor Says Bitcoin to $280T

Speaking at Strategy’s Bitcoin for Corporations conference yesterday, Saylor stressed that what most financial advisors term “smart investments” have failed to outperform the S&P 500’s 10% performance in the past ten years. Some of them include hedge funds, pension funds, and endowments.

Meanwhile, the S&P 500, while profitable, has seen its performance trounced by Bitcoin, an asset some once scorned for its volatility. Saylor shared that the pioneering cryptocurrency has an annualized ten-year performance of 79% and has grown to become one of the best-performing assets in the last decade.

Furthermore, Saylor reiterated that Bitcoin would grow from a $2 trillion to a $280 trillion asset in the next 20 years. He emphasized that while its valuation would still not match the bonds and equity market, it would become more noticeable.
His projection also identifies that Bitcoin would be worth over five times the value of gold by 2045. Interestingly, several Bitcoin maximalists have aligned with this long-standing projection, citing a divergence from gold to “digital gold” as the financial scene evolves...
#Crypto