Derived from 528btc, Michael Saylor, CEO of MicroStrategy, stated at the Bitcoin MENA and North Africa Conference that if corporations continue to accumulate Bitcoin, the cryptocurrency could reach a value of $10 million. Saylor emphasized that public companies are no longer marginal players but structural engines driving Bitcoin toward a multi-trillion-dollar monetary network. Recently, MicroStrategy purchased 10,624 Bitcoin for $906 million, bringing its total holdings to 660,624 Bitcoin valued at approximately $49.35 billion. Saylor also highlighted that 85% of Bitcoin is held in opaque wallets, and he believes corporate accumulation is essential for Bitcoin to scale to $20 trillion or more.
Michael Saylor Predicts Bitcoin Could Reach $10M If Corporate Adoption Continues
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