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MicroStrategy Founder Michael Saylor: Bitcoin is “This Year’s Winner”

MicroStrategy founder Michael Saylor called the first cryptocurrency “this year’s winner” and attached an image comparing digital gold’s growth to other assets.

The investor compares the returns of Bitcoin with the Nasdaq and S&P 500 indices, gold, stocks and silver. In this race, cryptocurrency is the clear winner.

However, a day earlier, CoinGecko published the best performing digital assets for 2023 from the top 100 by capitalization. Among them, 92% showed growth, and Bonk became the leader (+7302.9%).

On December 30, Saylor published an image of an “army” of supporters of the first cryptocurrency with the asset depicted on flags.

“Forward together,” he wrote.

On December 28, Saylor called digital gold “the future” and published an eye with the Bitcoin logo inside.

On December 26, the founder of MicroStrategy conducted a survey among subscribers about the prospects for growth in the price of the first cryptocurrency in 2024.

75,546 votes were distributed as follows:

  • $50 000 — 15,8%;
  • $100 000 — 34,9%;
  • $150 000 — 21,4%;
  • above $200,000 – 27.9%.

In December, Saylor admitted that the launch of a spot Bitcoin ETF could be “the biggest event on Wall Street in the last 30 years.” In his opinion, the new instrument will cause a “demand shock” for Bitcoin, followed by a “supply shock” from the halving.

The first cryptocurrency will either fall to zero or skyrocket to $1 million, he noted. For the latter, according to the expert, the asset will require legitimacy at the institutional level.

Recall that in December MicroStrategy purchased an additional 14,620 BTC, increasing its Bitcoin reserves to 189,150 BTC, purchased for $5.9 billion at an average price of $31,168.

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2023-12-31 07:14:18
#Michael #Saylor #calls #Bitcoin #winner

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