Michael Saylor’s approach, one of the largest corporate holders in the world, can be the leading equity that has been publicly exchanged in one day, according to an analyst approach.
The approach is the “number one publicly exchanged throughout the market” due to future financial strength enabled in Bitcoin (Btc), Analyst approach Jeff Walton predicted In the documentary of the New Financial Times, Michael Saylor’s $ 40 billion Bitcoin bet.
The company Currently holding about 568,840 BitcoinIt costs about $ 59 billion, and Walton believes the advantage can push it to all other public listed in the future.
“The approach is more of the best owners and the most clean collateral in the entire planet than any other company, by many,” Walton said.
The approach raised $ 12 billion in 50 days
The analyst taught the company’s ability to quickly raise capital as another indicator of its strength. In November 2024, the approach raised $ 12 billion in just 50 days.
“It’s not a justification -it’s hard to raise $ 100 million of capital, and they just raise $ 100 million of capital 120 times in 50 days, and they bought Bitcoin with that capital. That’s crazy,” Walton said.
In the documentary, Saylor also painted a bullish picture of the company’s future due to the adoption of Bitcoin.
“In my opinion, Microstrategy is in a position where we can grow from a $ 100 billion business in a $ 1 trillion business in a $ 10 trillion business,” Saylor said.
Related: Coinbase considered like Saylor-like Bitcoin Strategy before Opt Out: Bloomberg
He also foretold that Bitcoin was one day to reach a price of $ 13 million per coin:
“My forecast for 2045 is 13 million a bitcoin. I would think about four to eight years of time. Certainly, in 10 years we should be a million. So a million in 10 years you know 10x or more than 20 years.”
Walton’s prediction of the approach to potentially defeat all the public exchanged equivalent -equivalent in the future is amid the company’s rank the 15111 largest company in the world by market capitalization of $ 117 billion, According to In CompanymarketCap.
To be the biggest, the approach had to surpass Microsoft, with the current market cap exceeding $ 3.3 trillion.
Magazine: Bitcoin up to $ 1m ‘by 2029,’ cia tip its hat on bitcoin: Hodler’s Digest, April 27th – May 3
