While others fear and reduce their positions, others are adding more; while others retire, he is still in.

View Original
CoinNetwork
Crypto.com news: MicroStrategy founder Michael Saylor said that it is only a matter of time before Bitcoin breaks through $1,000,000. He believes Bitcoin is mathematically unstoppable and predicts that a large number of institutions will absorb this asset. Saylor noted that institutional demand will continue to outpace the reduction in new mining supply. He said that the formation of digital credit means the credit market is absorbing all organically supplied Bitcoin. He also mentioned that MicroStrategy may buy all Bitcoin produced by miners before the year 2140. Saylor emphasized that the current market faces some macro headwinds, but he expects major regulatory catalysts to change market direction.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned