Editor's PiCK
Michael Saylor: "Bitcoin (BTC) will reach 13 million dollars in 20 years"
Minseung Kang
Summary
- Michael Saylor predicted that Bitcoin will reach approximately 18.9 billion won in 20 years.
- He emphasized that Bitcoin is a scarce digital commodity and a unique asset.
- MicroStrategy currently holds 499,226 BTC.
Michael Saylor, CEO of MicroStrategy (formerly MicroStrategy), predicted a long-term bullish trend for Bitcoin (BTC).
According to TheStreet, a media outlet specializing in virtual assets (cryptocurrency), Michael Saylor stated at the Blockworks Digital Asset Summit, "Bitcoin is a scarce digital commodity and a unique asset in human history," adding, "Bitcoin will reach 13 million dollars (approximately 18.9 billion won) in 20 years."
He added, "The structure is such that scarcity and value can only increase over time," noting, "Historically, gold has experienced hyperinflation several times, but Bitcoin is different. It will become a unique digital product."
Meanwhile, MicroStrategy currently holds 499,226 BTC.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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