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Michael Saylor

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Michael Saylor: Each Bitcoin may reach $13 million by 2045, and may reach $49 million in a bull market

Michael Saylor, the founder of MicroStrategy, spoke at a Bitcoin conference and stated that with the increase in adoption, the digital capital feature of Bitcoin could make the price of each Bitcoin exceed $13 million by 2045. He said, "By 2045, the price of Bitcoin will reach $13 million per coin. In a bear market scenario, the price of Bitcoin could be $3 million. But in a bull market scenario, the price of Bitcoin could reach $49 million." Saylor often uses the stock price of MicroStrategy as evidence of its success. So far this year, the company's stock price has risen 155% to around $1,750, reaching a high of $1,919 in March. He said, "As of August 10th this year, we've been on this path for 48 months. Many companies are now trying to emulate chip manufacturer Nvidia, but interestingly, it's easier to emulate MicroStrategy. I've already given you the script."

MicroStrategy Confident in Bitcoin Strategy Despite Potential ETF Approvals

MicroStrategy co-founder Michael Saylor is confident that his company will remain an attractive option for investors looking to gain exposure to Bitcoin, even if a spot Bitcoin ETF is approved in the future. Saylor stated that MicroStrategy will continue to add more Bitcoin to its balance sheet, potentially using the proceeds from a planned $750 million share sale.

MicroStrategy Buys $347 Million Worth of Bitcoin, Now Holds Over $4.6 Billion in BTC

June 28 (Cointime) - MicroStrategy, led by Michael Saylor, has purchased 12,333 bitcoin for $347 million in cash between April 29 and June 27. This brings the company's total bitcoin holdings to 152,333, valued at over $4.6 billion at current prices. The firm's shares were down 1% at $321.44 during pre-market trading, reflecting the decline in bitcoin, which was down over 1% at $30,288.

Michael Saylor Doubles Down on Positive Future for Bitcoin

June 23 (Cointime) - Michael Saylor, the founder of MicroStrategy and a vocal supporter of Bitcoin, believes that the future is Bitcoin-centric. He cites the unprecedented endorsement of four US presidential candidates and the recent support of large money managers like BlackRock, Fidelity, and Charles Schwab as evidence that Bitcoin is the clear winning asset.

Michael Saylor Explains Bitcoin's Potential to Boost Cybersecurity

Michael Saylor, the executive chairman of MicroStrategy, believes that Bitcoin and decentralized identities (DIDs) can enhance security measures in the digital realm.

MicroStrategy CEO Michael Saylor Predicts Banking Establishment Will Oppose CBDCs and Stablecoins Face Wind Down

Michael Saylor, CEO of MicroStrategy and a well-known Bitcoin advocate, believes that central bank digital currencies (CBDCs) will face significant opposition from the current banking establishment. Saylor predicts that the introduction of a CBDC would disintermediate all banks, starting with the big banks and trickling down to smaller ones, thereby disrupting the prominent role of banks in the financial sector. Additionally, Saylor foresees a bleak future for USD-backed stablecoins, as regulators will likely clamp down on any non-KYC digital dollars.

Bitcoin could be the solution to combat cybersecurity threats driven by artificial intelligence, says Michael Saylor

Michael Saylor, the executive chairman of MicroStrategy, believes that Bitcoin could be the solution to combat cybersecurity threats driven by artificial intelligence, such as deepfake. He explained that billions of fake accounts are behind a digital "civil war" in today's society, stirring up hatred among real users of digital platforms. Saylor receives nearly 2,000 fake followers every day and believes that the solution for deepfake and other digital trust issues lies in decentralized identities (DIDs). Companies like MicroStrategy, Open AI, and Polygon are working on encrypted signatures and decentralized identity solutions to combat these issues.

The Rise of Crypto Billionaires: How Innovative Ventures and Strategic Investments are Redefining Wealth Creation in the Digital Age

The digital age has given rise to a new class of billionaires who have amassed immense wealth through the disruptive force of crypto. These individuals have redefined the concept of wealth creation with their innovative ventures, strategic acumen, and unconventional investment choices.

Former MicroStrategy CEO Michael Saylor Believes Bitcoin Rally is on the Horizon due to Regulation, Halving, and Ordinals

MicroStrategy, a business intelligence firm and one of the largest holders of Bitcoin, believes that the cryptocurrency market is bottoming out and that a Bitcoin rally is on the horizon. Michael Saylor, the former CEO of MicroStrategy, cites several factors that could drive BTC to new highs in 2023, including favorable regulations from the SEC and CFTC, the upcoming halving event, and the potential for capital to flow from altcoins to BTC. Saylor also remains bullish about the Ordinals platform, which allows users to attach files to Satoshis, and believes that it will help propel Bitcoin towards new highs. Despite recent price contractions, Bitcoin remains within a bullish formation and could potentially see significant gains in the future.

Bitcoin has bottomed and the world's biggest cryptocurrency is on a new bull run, MicroStrategy's Michael Saylor says

MicroStrategy's Michael Saylor believes that bitcoin has bottomed and is now on a new bull run. He attributes this to factors such as the halving of bitcoin, increased adoption of the cryptocurrency, and regulatory crackdowns that will weed out competitors. Saylor also notes the significance of recent proposals for crypto accounting and reporting standards, which could lead to further mainstream adoption. Additionally, he highlights the bullish potential of Ordinals protocol activity on Bitcoin's network. Despite some growing pains in the industry, Saylor remains optimistic about bitcoin's future prospects.