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."
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