Summary:
Michael Saylor predicts Bitcoin could reach $13 million by 2045, indicating a 12,630% potential growth.
Bitcoin has shown annual returns of 60% historically, expected to decelerate to 29%.
MicroStrategy is the largest public holder of Bitcoin, owning over 1% of all tokens.
Trump's victory has led to a surge in crypto, with promises of a more friendly regulatory environment.
$42 billion capital raising plan by MicroStrategy to acquire more Bitcoin.
If you stuck with crypto in 2024, your decision paid off handsomely. President-elect Donald Trump's victory in early November sent the entire sector surging, promising a friendlier regulatory environment toward crypto and growth policies to establish the U.S. as the "crypto capital of the world."
Few companies or individuals have benefited more than Michael Saylor, the founder of MicroStrategy (NASDAQ: MSTR), which made a significant pivot in 2020 to buy as much Bitcoin (CRYPTO: BTC) as possible. Bitcoin held up well in 2024, skyrocketing to over $107,000 following Trump's election win. Saylor, a perennial Bitcoin bull, believes the rally is just beginning.
In November, Saylor boldly stated he sees Bitcoin reaching $13 million by 2045, implying a 12,630% upside from current levels. His reasoning is two-fold:
- He anticipates Bitcoin can deliver annual returns of 29% for the next 21 years, based on its historical performance of 60% annual returns, which is expected to decelerate as the market matures.
- Saylor believes Bitcoin will capture more of the world's capital, currently representing only 10 to 20 basis points of the global capital, with the potential to rise to 7%.
Amidst Bitcoin's extraordinary run, MicroStrategy has been aggressively purchasing Bitcoin, acquiring it at levels as high as $106,000. This shows their commitment to holding onto their investments rather than cashing out.
MicroStrategy is the largest public holder of Bitcoin, owning over 1% of all outstanding tokens. They have plans to raise $42 billion through debt and equity over the next three years to buy even more Bitcoin.
While predicting the future is challenging, many believe we haven't seen the last leg of this current crypto rally. Trump's administration has appointed several crypto advocates to key roles, which could lead to more favorable regulations, including the potential for crypto spot exchange-traded funds and improved accounting rules that facilitate institutional adoption of crypto.
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