Michael Saylor, Chairman of MicroStrategy, once again reaffirmed his bold vision for Bitcoin, predicting that the value of the digital currency could reach $13 million by 2045.
He shared details of MicroStrategy’s investment strategy, describing Bitcoin as a revolutionary digital asset. Saylor also explained how MicroStrategy executes its Bitcoin acquisition strategy, by leveraging financial instruments such as convertible bonds.
Saylor strongly rebutted criticism that this strategy is speculative and unsustainable, arguing that issuing securities to meet the diverse needs of investors is completely in line with the core purpose of public companies. Furthermore, he compared the process of Bitcoin adoption to historical technological breakthroughs, such as electricity and automobiles, emphasizing that initial skepticism is natural and inevitable.
At the heart of Michael Saylor’s argument is the concept of Bitcoin as a revolutionary form of “digital capital.” He points to Bitcoin’s unique properties, including portability, programmability, and resistance to the risks of the centralized financial system.
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Saylor particularly emphasizes Bitcoin’s superior potential as a store of wealth, which makes it extremely valuable, especially in economically unstable areas. He argues that Bitcoin is a potential alternative to traditional assets such as real estate or fiat currencies, which are often subject to inflation and manipulation by power centers.
Furthermore, Saylor predicts Bitcoin’s explosive growth in the future, with the expectation that Bitcoin’s market value will increase from its current $2 trillion to $280 trillion by 2045.
