Stunning Statements from MicroStrategy Founder Michael Saylor – “The Price of Bitcoin in 2045…”
The post Stunning Statements from MicroStrategy Founder Michael Saylor – “The Price of Bitcoin in 2045…” appeared on BitcoinEthereumNews.com.
Michael Saylor, Chairman of Strategy (formerly MicroStrategy), one of the most prominent advocates of Bitcoin, announced both the company’s new capital raising plans and his expectations for the future of Bitcoin on the Squawk Box program he attended on CNBC. Saylor said the company aims to raise approximately $1 billion through a 10% fixed-income preferred stock offering. The majority of the proceeds will be used for general corporate purposes, particularly for the purchase of more Bitcoin. Saylor, who stated that they have made three different preferred stock offerings in the last six months, said that these vehicles offer high fixed returns to investors, and at the same time, the company increases shareholder value by directing these funds to Bitcoin investments. According to Saylor, this model offers “indefinite” fixed-income investments with no debt maturity and no refinancing risk. “By pairing a long-term liability with a long-term asset, we are essentially creating an indestructible balance sheet,” Saylor said, outlining the company’s strategy. He argued that this model offers both an attractive 10% yield for fixed income investors and indirectly gives equity investors access to more Bitcoin. Touching on the regulatory front, Saylor stated that the recent recognition of Bitcoin as a “digital commodity” by the US administration, the positive changes made in accounting standards, and the green light given to Bitcoin by banks show the improvement in the sector. One of the most striking statements on the program was Saylor’s long-term Bitcoin forecast. Referring to a speech he gave in July 2024, Saylor argued that Bitcoin could provide an average annual compound return of 30% for the next 20 years. According to this scenario, Bitcoin could reach $13 million in 2045. Citing past performance as an example, Saylor said Bitcoin has gained 57% annually over the past four and a half years,…
Filed under: News - @ June 7, 2025 12:29 pm