MicroStrategy CEO: Bitcoin will reach $13 million

Author: Liam

Michael Sailer is a crazy Bitcoin believer.Dare to think and do.Not only reflected in its real money bet on Bitcoin, but also in its shockingly bold predictions about the future of Bitcoin.

On July 26, Bitcoin believer and CEO of MicroStrategy Michael Sailer made amazing bold predictions in his speech at the Bitcoin 2024 summit held in Nashville: “Bitcoin”, the world’s largest cryptocurrency, is 2045It will rise to $13 million.Bitcoin is currently priced at around $65,000 and has a market value of $1.3 trillion, accounting for only 0.1% of global wealth.

The logic behind Sailer’s prediction is that Bitcoin needs an annual return of 29% if it wants to reach the base price of $13 million by 2045.At this price level, Bitcoin’s market value will reach $280 trillion, accounting for 7% of global wealth.Sailer said that in a bull market, Bitcoin can be worth $49 million, accounting for 22% of global wealth; in a bear market, Bitcoin is worth $3 million, accounting for 2% of global wealth.

Under Sailer’s leadership, commercial software company MicroStategy has accumulated 226,331 bitcoin tokens over the past four years, currently worth about $15 billion, about 80% higher than the cumulative purchase price.

At the Bitcoin gambling table, Sail is not the only one who can be called a Bitcoin believer.

BlackRock founder Larry Fink is also one of them.It went from a “skeptic” of Bitcoin to a “loyal supporter” of Bitcoin to a “bitcoin believer”. During this period, BlackRock successfully applied for “Bitcoin ETF IBIT” and traded in the open market.Although he converted to Bitcoin a little later than Sailer, he has now become one of the most influential order-calling players in Bitcoin.He once called himself a Bitcoin believer.In January this year, Larry Funk said in an interview with Fox Business, “Bitcoin is digital gold.” “Ethereum ETFs are very valuable, these are just stepping stones toward tokenization. I really believe this isWhere we are going to go”.

The female version of Buffett Mutou is also a Bitcoin believer.

In February this year, Mutoujie boldly predicted in an annual report “Big Idea 2024: Subversion of the Convention, Defined as the Future” released by ARK Invest that Bitcoin is already a high-quality asset with the best configuration.Sister Mu said that if it is distributed to Bitcoin from a global $250 trillion investmentable assets, it will have a significant impact on the price of Bitcoin.For example, if 1% of the funds are allocated, the price of Bitcoin will reach about $120,000.With 4.8% of the funds allocated, the price of Bitcoin will reach $550,000.With 19.4% of the funds allocated, the price of Bitcoin will reach $2.3 million.

At that time, I looked at Mutou’s predictions about Bitcoin’s future were really bold and amazing. Now, looking at Sail’s amazing predictions, Mutou’s predictions are really nothing.

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