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Big Bull Michael Saylor Reveals His Ultimate Target for Bitcoin Price! "In the End of Everything"
MicroStrategy Chairman Michael Saylor boldly predicted that Bitcoin could surpass gold by tenfold and reach an astonishing market value of $180 trillion.
While the current market value of gold is $18 trillion, Saylor's estimate implies a Bitcoin price of approximately $8.6 million per coin.
In a recent interview, Saylor emphasized the superiority of Bitcoin as a store of value and treasury asset compared to traditional options such as gold, real estate, and bonds, saying, 'Bitcoin will easily outperform gold by 10 times.'
Saylor highlighted the limitations of traditional commodities and assets for corporate and company treasuries. He pointed out that Bitcoin offers a superior alternative due to its higher annual return rate (ARR) and better liquidity.
"Gold offers a 7% ARR, real estate offers 10%, and bonds offer around 4-5%. None of these exceed the capital cost set by the S&P index," explained Saylor. In contrast, Bitcoin offers a 60% ARR, making it a more attractive asset for both companies and wealthy investors.
Saylor argued that underestimating the potential of calling Bitcoin 'digital gold'. Saying 'Bitcoin is digital capital,' Saylor claimed that Bitcoin will not only replace gold but also real estate, the S&P index, and other corporate capital assets.
Looking ahead, Saylor predicts that Bitcoin could become a "hundred trillion dollar asset class" by 2045 and anticipates a base price of $13 million per coin. He expects that Bitcoin's current volatility and returns will gradually decrease over the next twenty years and eventually stabilize as the asset matures.