#MichaelSaylor and #MicroStrategy : Continued $BTC Accumulation and Bold Predictions
Michael Saylor, founder and executive chairman of MicroStrategy, remains an unwavering believer in Bitcoin (BTC), and his company consistently demonstrates this with its actions.
New Acquisitions: MicroStrategy Doubles Down on Bitcoin
MicroStrategy continues to be the largest corporate holder of $BTC . The company recently acquired an additional 4,980 BTC, bringing its total holdings to an impressive 597,325 BTC. These latest purchases were made at an average price of $106,801 per coin. In total, MicroStrategy has now invested $42.40 billion in Bitcoin, buying it at an average price of $70,982 per coin. This underscores the company's deep conviction in the long-term potential of this asset.
Michael Saylor's Bold Predictions for Bitcoin's Future
Michael Saylor is known for his ambitious views on Bitcoin's future. Here are the key highlights of his predictions:
* Long-term forecast: Saylor predicts that by 2046, Bitcoin could reach $21 million, growing approximately 21% annually.
* Mid-term forecast: He also projects that by 2045, Bitcoin could be worth $13 million.
* Short-term potential: According to Saylor, Bitcoin could hit $1 million if Wall Street invests 10% of its capital into the asset.
* "HODL" strategy: He consistently emphasizes the importance of holding onto Bitcoin, stating that "sometimes you just need to HODL."
* Desired legacy: Saylor wants to be remembered as a follower of #Satoshi helped commercialize and drive institutional adoption of Bitcoin.
* National Bitcoin Reserve: Saylor supports the idea of creating a national Bitcoin reserve in the U.S., comparing it to significant historical land acquisitions.
These updates confirm Michael Saylor's steadfast belief in Bitcoin as the future of finance. Do you share his optimism regarding BTC's future?
