The CEO of MicroStrategy does not exclude that bitcoin will soar to $ 5 million

The CEO of MicroStrategy does not exclude that bitcoin will soar to $ 5 million

By Habney | CryptoNewsWorld | 27 Mar 2021


The price of bitcoin in the future could soar up to $ 5 million, says Michael Sailor, CEO of MicroStrategy. This businessman has repeatedly expressed aggressive forecasts for the future rate of BTC.

Recall that his company MicroStrategy is included in the list of the largest public cryptocurrency holders.

In an interview with FamilyOffice, Sailor said that Bitcoin's capitalization of $ 100 trillion is no longer a fantasy. In the future, this figure will become quite real.

Moreover, the businessman does not rule out that in terms of profitability, BTC will be able to significantly outperform shares of technology giants such as Google and Apple in the medium term.

Bitcoin's explosive growth is the result of quantitative easing policies implemented by central banks, Sailor said. The emission of fiat money undermined confidence in such an instrument, and investors began to en masse to look for an alternative form of preserving and increasing capital.

It was at this moment that the price of bitcoin soared, summed up the CEO of MicroStrategy.

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Habney
Habney

Stanislav, belarusian student of IT


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