$13M a coin ,,,
Michael Saylor, the founder and executive chairman of MicroStrategy, has made bold statements recently regarding Bitcoin’s potential and MicroStrategy’s vision as a “Bitcoin bank.†Here are some of his key quotes and ideas:
1. On Bitcoin’s Long-Term Value: Saylor projects Bitcoin could reach up to $13 million per coin by 2045, predicting it will represent about 7% of global financial capital. He sees Bitcoin as a foundational, inflation-resistant asset with unmatched long-term growth potential, outperforming traditional investments like stocks and real estate .
2. MicroStrategy’s Ambition to Be a Bitcoin Bank: Saylor has set a goal for MicroStrategy to become the premier Bitcoin-focused financial institution. He envisions the company holding between $100 billion and $150 billion in Bitcoin, backed by various financial products, including bonds, preferred stock, and convertible debt. He referred to this model as a “Bitcoin financial company†that would offer secure, Bitcoin-backed financial instruments .
3. Challenge to Bitcoin Doubters: Saylor, a vocal Bitcoin advocate, challenged skeptics by inviting them to short MicroStrategy’s stock if they doubt Bitcoin’s potential. He stated, “If you really hate BTC, I want you to love us†for the shorting opportunity, while reaffirming that MicroStrategy will continue to hold its Bitcoin, betting heavily on its future gains .
4. Bitcoin as a Capital Markets Transformation: Saylor argues that Bitcoin could fundamentally reshape capital markets by providing a digital, decentralized alternative to traditional assets. He likens the MicroStrategy model to creating a “City Bitcoin,†a metaphor for accumulating digital wealth through Bitcoin-backed securities, which could offer safer and more stable returns than traditional investments .
These insights reflect Saylor’s firm belief in Bitcoin’s transformative power and his commitment to embedding Bitcoin at the core of MicroStrategy’s business strategy.