Michael Saylor’s Bold Bitcoin Predictions

Michael Saylor Begins Selling Over $200 Million Worth Of MicroStrategy Shares To Buy More Bitcoin
Michael Saylor, co-founder and executive chairman of MicroStrategy, has sold over $200 million worth of company shares to invest further in Bitcoin. In a recent podcast, Saylor emphasized Bitcoin’s potential to provide "economic immortality" and predicted that Bitcoin could eventually reach $10 million per coin. He argued that Bitcoin can eliminate corporate mortality by extending economic vitality significantly and hedging against inflation and fiat currency devaluation.
Saylor believes Bitcoin can revolutionize global payments with its decentralized design and fast transaction speeds, especially benefiting developing economies. He also suggested that China could embrace Bitcoin, possibly through a Bitcoin exchange-traded fund (ETF) listed in Shanghai, which would grant significant exposure to the cryptocurrency.
Saylor’s bullish outlook on Bitcoin’s long-term value is further reinforced by MicroStrategy’s substantial Bitcoin holdings, which currently stand at 226,331 BTC worth over $14 billion.