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Michael Saylor, the executive chairman of MicroStrategy, forecasts a substantial increase in <a href="https://optimisus.com/news/crypto-news/robert-f-kennedy-jr-doubles-down-on-his-support-for-bitcoin/" rel="noopener noreferrer nofollow">Bitcoin's value</a>, projecting it to reach $13 million by the year 2045.  
With a current valuation of $67,800, Bitcoin's market capitalization stands at $1.338 trillion, representing a mere 0.1% of the total world wealth.  
Saylor asserts that in order for Bitcoin to achieve this fundamental scenario, it would necessitate an annual rate of return of 29%, leading to a market capitalization of $280 trillion and representing 7% of the world's total wealth.  
Under an optimistic scenario, Bitcoin's value may reach $49 million, representing 22% of the world's wealth. Conversely, under a pessimistic scenario, its value could drop to $3 million, accounting for only 2% of global wealth. MicroStrategy, under Saylor's guidance, has acquired a Bitcoin portfolio valued at over $15 billion.  
At writing time, <a href="https://optimisus.com/news/crypto-news/bitcoin-outperforms-altcoins-as-btc-surged-past-68k/" rel="noopener noreferrer nofollow">Bitcoin (BTC)&nbsp;outperformed the overall crypto market</a> performance, experiencing a 4.83% increase and reaching a value of $68,000. Cryptocurrencies including Solana (SOL), Ethereum (ETH), BNB Chain (BNB), and Cardano (ADA) experienced an over-3% increase. Dogecoin (DOGE), on the other hand, experienced a 4% increase in value, whilst the memecoin popcat (POPCAT), which is built on the Solana blockchain, surged by over 9%. 
The post <a href="https://optimisus.com/news/crypto-news/bitcoin-price-to-surge-to-13m-by-2045-michael-saylor/" rel="noopener noreferrer nofollow">Bitcoin Price to Surge to $13M by 2045: Michael Saylor</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

Bitcoin Price to Surge to $13M by 2045: Michael Saylor

Optimisus

Alte articole publicate pe 27 iul. 2024

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