#SaylorBTCPurchase
Michael Saylor asks for 13 million dollars in BTC: the CEO of Pantera claims that 745,000 dollars is "realistic"
Dan Morehead supports the permanence of Bitcoin, citing its mass adoption and its potential market capitalization of 15 trillion dollars. Morehead also believes that the asset could reach 745,000 dollars
Is it possible?
If Bitcoin continues its current growth trajectory (33.9% increase in the last year) and maintains a similar pace, it could realistically reach Dan Morehead's $745,000 target in the next 7-8 years. This assumes constant compound growth without major downturns, which is optimistic but not impossible, given the increasing institutional adoption. With an annual growth rate of 33%, BTC would multiply its value by approximately ten in 8 years, bringing it closer to the $840,000 mark.
Morehead's point is that Bitcoin is no longer a marginal asset. With companies like BlackRock and Fidelity offering it to clients and hundreds of millions of users worldwide, Bitcoin is entering a phase of "escape velocity," meaning it is too big to fail. If financial giants and retail investors continue to flock, especially as the supply tightens after halvings, $745,000 is not just a risky bet, but could be the next big milestone.