MicroStrategy's Saylor Predicts 10x Bitcoin Demand Growth, Transition to Mainstream in Next 5 Years
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Demand for Bitcoin could grow 10x in next 12 months says Michael Saylor due to halving reducing supply while demand doubles or triples.
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Saylor predicts 2023-2024 will be Bitcoin's "coming out party" as it transitions from a fringe asset to a mainstream one.
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He expects big tech and banks to integrate Bitcoin into products and services through 2024-2028.
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Saylor believes Bitcoin will grow twice as fast as other assets, hitting $1M-$10M per coin in 20-25 years.
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MicroStrategy holds 158,400 BTC worth $900M more than purchase price as of early November.