The post Michael Saylor Bold Bitcoin Prediction: BTC To Hit $13 Mln By 2045 appeared first on Coinpedia Fintech News
MicroStrategy, led by co-founder Michael Saylor, owns over 1% of the total Bitcoin supply, is making headlines with a bold Bitcoin price prediction. Despite recent drops in Bitcoin’s price, Saylor is confident that the cryptocurrency will reach $13 million per coin by 2045. This ambitious prediction highlights his strong belief in Bitcoin’s future.
Bitcoin To Hit 13 Mln By 2045 – Michael SaylorIn a recent CNBC Squawk Box interview, Saylor predicted that Bitcoin could reach $13 million per coin by 2045. He explained that Bitcoin currently represents just 0.1% of global capital but could grow to 7% of global capital.
To hit this $13 million target, Bitcoin would need to soar by 23,414% from its current price of $56,789. This would give Bitcoin a market cap of $257.26 trillion, a massive increase from its current valuation of $1.12 trillion.
While Saylor is optimistic, other analysts have more cautious predictions. For example, VanEck projects that Bitcoin might reach $2.9 million by 2050.
$108 billion investment firm VanEck is predicting a $2.9 million #Bitcoin price by 2050 and you're bearish?