On the fence about investing in Bitcoin? MicroStrategy CEO Michael Saylor has a bold prediction: $BTC could hit $13 million by 2045! Learn why this Bitcoin visionary is so bullish and how his strategy propelled MicroStrategy.
* A winning strategy? MicroStrategy has invested heavily in Bitcoin and the results are there: the stock has exploded. Saylor is a big believer in Bitcoin
Under Saylor's leadership, the company has made Bitcoin a core part of its business.
In 2020, it began accumulating a Bitcoin stash as a central growth strategy. It now owns about 250,000 Bitcoins valued at over $16 billion. The company spent just under $10 billion to buy them.
A very nice deal. Investors seem to think it’s a winning strategy; the stock is up nearly 2,000% since the Bitcoin purchases began, even though the company’s software revenue has barely grown since then.
* Why Bitcoin? Saylor sees Bitcoin as a unique combination of gold and currency, with advantages in scarcity, security, and ease of use.
* A promising future? Despite its volatility, Bitcoin is increasingly adopted by institutional investors, strengthening its position in the market.
So, is it too late to invest in Bitcoin? Saylor’s prediction is ambitious, but it speaks to the growing confidence in this cryptocurrency. If you’re considering investing, be sure to do your own research and consult a financial advisor.
