Bitcoin Is ‘Global Capital’, Says Michael Saylor: ‘Every Nation That Respects Property Rights Is Going To Support BTC’
Posted On December 5, 2024
Once questioned for its legitimacy, Bitcoin (CRYPTO: BTC) has now grown to be the world’s tenth-largest currency by market cap, with Michael Saylor calling it “global capital.”
What Happened: In a Fox Business interview on Wednesday, MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor elaborated on the company’s Bitcoin strategy and his bold prediction that Bitcoin could reach $13 million per coin by 2045.
Saylor emphasized the transformational potential of Bitcoin in how wealth is stored and transferred globally.
“What happens when your long-term store of value shifts from physical assets like buildings or …