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1 Unstoppable Cryptocurrency That Could Soar by 13,800%, According to MicroStrategy's Michael Saylor
Bitcoin (CRYPTO: BTC) is the world's largest cryptocurrency. It has a market capitalization of $1.8 trillion as of this writing, representing more than half of the total value of all coins and tokens in circulation across the industry, which currently stands at $2.9 trillion. MicroStrategy (NASDAQ: MSTR) co-founder Michael Saylor thinks there is still substantial upside ahead, because he predicts Bitcoin will reshape the entire financial system thanks to its decentralized nature, its capped supply, and its secure system of record called the blockchain. According to his forecast, Bitcoin could skyrocket by 13,800% by 2045, to reach $13 million per coin.Saylor is backing up his prediction with action -- he has effectively turned MicroStrategy into a holding company that is now sitting on over 538,000 Bitcoins, valued at a whopping $50 billion. But how realistic is his long-term price target?Continue reading
Bitcoin (CRYPTO: BTC) is the world's largest cryptocurrency. It has a market capitalization of $1.8 trillion as of this writing, representing more than half of the total value of all coins and tokens in circulation across the industry, which currently stands at $2.9 trillion.
MicroStrategy (NASDAQ: MSTR) co-founder Michael Saylor thinks there is still substantial upside ahead, because he predicts Bitcoin will reshape the entire financial system thanks to its decentralized nature, its capped supply, and its secure system of record called the blockchain. According to his forecast, Bitcoin could skyrocket by 13,800% by 2045, to reach $13 million per coin.
Saylor is backing up his prediction with action -- he has effectively turned MicroStrategy into a holding company that is now sitting on over 538,000 Bitcoins, valued at a whopping $50 billion. But how realistic is his long-term price target?
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