🚀 Michael Saylor’s Bold Prediction: Bitcoin to Outpace S&P 500 by 3x!
Despite the recent market turbulence, Strategy Executive Chairman Michael Saylor remains one of the most steadfast bulls in the game. In a recent interview on CNBC’s Squawk Box, Saylor doubled down on his long-term conviction, stating that he expects Bitcoin ($BTC ) to "double or triple" the performance of the S&P 500 over the next four to eight years. 💎🙌
While Bitcoin has pulled back from its October highs of $126,000 to settle around the $67k–$70k range, Strategy isn't flinching. In fact, they are leaning in!
Key Takeaways from the Report:
The "Forever" Buy: Saylor vowed that the company will not be selling. Instead, he expects to be buying Bitcoin "every quarter forever." 🏦
Growing Treasury: Strategy just disclosed another purchase of 1,142 BTC (approx. $90 million), bringing their total stash to a staggering 714,644 BTC—roughly 3.4% of the entire fixed supply. 💰
Balance Sheet Strength: CEO Phong Le noted that the company’s financials are robust enough to withstand a massive downturn; major stress would only occur if Bitcoin fell to $8,000 for several years. 🛡️
Volatility as a Feature: Saylor views short-term swings as part of the asset’s appeal, urging investors to focus on the multi-year horizon rather than weekly dips. 🌪️
In a world of fluctuating markets, Strategy is proving that their "Bitcoin Standard" isn't just a strategy—it's a mission. 🌐✨
#Bitcoin #MichaelSaylor #CryptoNews #Investing #Web3
