MicroStrategy founder Michael Saylor, known for his support and endless belief in Bitcoin, made new statements.
Saylor, who appeared on CNBC's Squawk Box program and made important statements, first recommended the same strategy as his own and his company's main strategy to investors.
At this point, Saylor, who recommends investors to buy Bitcoin and hold it for at least four years, announced his bold prediction for BTC.
Saylor claimed that Bitcoin is currently 0.1% of global capital, but with the contribution of spot Bitcoin ETFs, it could reach 7% in the next 21 years. According to Saylor, this would mean a 70-fold jump that would take Bitcoin from $55,000 to $3.85 million.
The Bitcoin bull also made a $13 million price prediction for Bitcoin.
“The future is faster, smarter, stronger,” said Michael Saylor, describing Bitcoin as “an asset with no counterparty risk, eliminating the need for everyone in society to be a Wall Street analyst to maintain purchasing power.”
I enjoyed the opportunity to discuss #Bitcoin and strong, fast, smart money with @JoeSquawk , @BeckyQuick , and @AndrewRSorkin this morning, pic.twitter.com/BUXa2IZ8II
— Michael Saylor⚡️ (@saylor) September 9, 2024
*This is not investment advice.
