Michael Saylor's Bitcoin Prediction and $50 Investment Potential

Reported about 1 year ago

Michael Saylor, co-founder of MicroStrategy, has been vocal about Bitcoin's potential, predicting a rise to $10 million per coin. If his prediction is correct and the price of Bitcoin increases as he suggests, a $50 investment today could potentially be worth $7,000 in the future. Saylor's bullish views are based on Bitcoin's value as a store of wealth, with MicroStrategy holding over $15 billion worth of Bitcoin acquired for under $35,000. However, it's crucial to consider Saylor's vested interest in promoting Bitcoin as an asset, as he stands to benefit from its price appreciation.

Source: YAHOO

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