Michael Saylor Lauds Bitcoin’s $100,000 Milestone: ‘It Will Be Embraced’ By The World’s Wealthy And Powerful
Posted On December 12, 2024
In the latest episode of Galaxy Research‘s “Galaxy Brains” podcast, MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor reflected on Bitcoin’s (CRYPTO: BTC) historic rise to $100,000 and what it means for the future of digital assets.
What Happened: Calling it a “numeric punctuation” and predicting that “it will be embraced,” Saylor framed the milestone as proof of Bitcoin’s permanence and its maturation into a cornerstone of the financial landscape.
He believes Bitcoin is not just a part of the future financial landscape—it is actively shaping it.
In the podcast released on Wednesday, Saylor described this moment as signalling Bitcoin’s transition from a speculative asset to an institutional mainstay.
“Bitcoin is here …