In a chat with Bloomberg, Saylor didn't mince words: Bitcoin's bear market is history. Forget those painful drops, he says; the road now only goes up.
For Saylor, Bitcoin is past its riskiest stage, and we can largely thank the US government itself for that. Yes, you heard that right! From the president to the bigwigs in the cabinet, it seems everyone is giving Bitcoin a boost. And it's not just at home; the whole world is catching on. Saylor cites Metaplanet as an example, a Japanese company that is growing like wildfire and raising billions. It's as if the entire planet is joining in this digital gold rush.
MicroStrategy: Playing in a Different League
Now, what makes MicroStrategy different from other companies that simply buy Bitcoin? Well, they don't just keep their Bitcoins under their mattresses. They're geniuses at creating mind-blowing financial products backed by Bitcoin. Imagine bonds and preferred stocks that have the power of Bitcoin behind them. Saylor swears they're the only ones offering preferred stocks like this, and they've already launched three in the last five months!
MicroStrategy isn't competing with the Bitcoin funds you already know. Not at all! They're taking on traditional mutual funds, offering jaw-dropping returns (over 400 basis points) and transparency you'll love.
What if giants like JPMorgan or Berkshire Hathaway get into the Bitcoin game? Saylor isn't losing sleep over it. On the contrary, it would make him immensely happy! In fact, he believes that if those financial whales were to rush into Bitcoin, the price would already be comfortably sitting at that million dollars. Impressive, isn't it?
What do you think of Saylor's bold prediction? Do you think Bitcoin is really ready for that giant leap?
