Michael Saylor Predicts Bitcoin Will Reach $13 Million

by Giorgi Kostiuk

2 years ago

Michael Saylor's Prediction
Billy Markus's Response
Current Bitcoin Situation

MicroStrategy CEO Michael Saylor, known for his bullish views on Bitcoin, recently shared a new perspective on the price of the first cryptocurrency. In an interview with CNBC, Saylor declared that Bitcoin is destined for a valuation of at least $13 million. This isn't the first time the prominent entrepreneur has made such a thunderous prediction.

Michael Saylor's Prediction

Michael Saylor, CEO of MicroStrategy, expressed his views on the future of Bitcoin in an interview with CNBC. According to him, Bitcoin is inevitably going to reach a valuation of $13 million. This statement once again drew attention to his predictions, which he has made more than once.

Billy Markus's Response

Saylor's prediction sent shockwaves through the crypto community, reaching even Dogecoin cofounder Billy Markus, also known as Shibetoshi Nakamoto. In response, Markus made his own prediction, stating that Bitcoin will reach a valuation of '100 billion trillion quadrillion.' Despite the humorous nature of his statement, Markus also holds bullish views on Bitcoin.

If I could tell my 10-year-old self one thing, it would be: 'Buy a ton of Bitcoin and sell some of it in 2021 to buy a house and keep the rest.'Billy Markus

Current Bitcoin Situation

Meanwhile, the price of Bitcoin, while not yet worth $1 million, has risen by 4.19% since the beginning of the week to $57,200. Despite a rough past week, the major cryptocurrency refuses to dip below $50,000 as buyers seem interested in acquisitions at this price point.

The predictions by Michael Saylor and Billy Markus reignited interest in Bitcoin and its potential price growth. Currently, Bitcoin's price remains stable despite ongoing market fluctuations.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

Bitcoin's Price Action and Key Resistance Levels Under Scrutiny

Bitcoin's recent price movements are under close scrutiny as it trades between $79,000 and $80,000, a critical resistance area. Analysts are emphasizing the importance of the $80,300 level, which could trigger selling pressure if not held as support.

Emily Carteran hour ago

South Korean Government Confirms Crypto Tax Implementation

The South Korean government has confirmed a 20% tax on crypto profits starting January 2027, affecting many investors.

Tomas Novak3 hours ago

Market Dynamics Indicate Potential for Ethereum Price Recovery

Market dynamics suggest that Ethereum may recover in price if it can withstand current selling pressure.

Katerina Papadopoulou3 hours ago

South Korea's Major Crypto Exchanges Collaborate with Tax Authorities

The five largest crypto exchanges in South Korea are collaborating with the National Tax Service to prepare for a new tax policy set to be implemented in January 2027.