Michael Saylor, the CEO of business intelligence firm MicroStrategy, has once again expressed his unwavering bullishness on Bitcoin. In a recent statement, Saylor predicted that Bitcoin’s price will appreciate at an annual rate of 29% for the next 21 years.
This forecast would translate to a staggering price of $13 million per Bitcoin by the end of that period. Saylor emphasized that his shareholders share his optimism, as they are primarily invested in MicroStrategy due to their belief in Bitcoin’s potential.
He added that those who oppose Bitcoin are likely shorting the stock, reinforcing his belief in the cryptocurrency’s long-term potential.
Saylor also encouraged investors to utilize the Bitcoin 24 open-source model to conduct their own price predictions. This model, which extends over 21 years, can be downloaded as a spreadsheet from Google.
