Michael Saylor: Each Bitcoin will eventually reach $21 million.

Michael Saylor stated in a Bankless interview that Bitcoin is currently undervalued and expects higher prices by year-end, with a long-term target of $21 million per coin, requiring recognition as a legal capital asset by the US, China, Europe, and Japan.

Summary

In a recent interview with Bankless, Michael Saylor stated that Bitcoin is currently oversold and its price will be higher by the end of the year.

However, he also said that Bitcoin always has a way of embarrassing everyone, and its short-term movements over 12 or 24 weeks are beyond his predictive ability. He is bullish in the long term and also bullish in the short term, but there will be many unexpected things in between.

Long-term goal: $21 million per coin, corresponding to a global market capitalization of $400 trillion, Bitcoin will become the world's most important digital asset.

When asked what conditions must be met for this goal to be achieved, he replied that the United States, China, Europe, and Japan must recognize Bitcoin as a legitimate capital asset that can be held for the long term.

Nothing has shaken his resolve so far.

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Author: PA影音

This content is for market information only and is not investment advice.

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