1804: Michael Saylor Reveals MicroStrategy to Raise $42B to Buy Bitcoin

Michael Saylor’s MicroStrategy is gearing up to raise $42 billion over the next three years to accumulate more Bitcoin, the firm revealed. $42 billion in Bitcoin is equivalent to about 578,586 BTC, accounting for 2.7% of the total Bitcoin supply. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitwise chief investment officer Matt Hougan said that Bitcoin can “mature” and become worth about half of gold’s total value, making one Bitcoin worth roughly $400,000. Learn more about your ad choices. Visit megaphone.fm/adchoices

An 11 year old interview with Max Keiser has resurfaced, highlighting one of the earliest public BTC predictions of Bitcoin reaching $1 million per coin. Learn more about your ad choices. Visit megaphone.fm/adchoices

VanEck has projected that Bitcoin could become a global reserve asset by the year 2050. The investment management firm anticipates that the price of Bitcoin might reach $3 million by that time. Learn more about your ad choices. Visit megaphone.fm/adchoices

A recent paper from the Bitcoin Policy Institute titled The Case for Bitcoin as a Reserve Asset argued that central banks should adopt Bitcoin as a reserve asset to hedge against rising inflation, geopolitical risks, capital control risks, sovereign default, bank failures, and international sanctions imposed by the United States government. Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto Trader Michaël van de Poppe Says Markets About To Go Vertical, Outlines Bullish Six-Figure Price Targets for Bitcoin. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin could be worth $125,000 by the end of the year if the Republican Party dominates the United States Congress after the Nov. 5 elections, Standard Chartered Bank analyst Geoff Kendrick predicted. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitwise executive Jeff Park says “merger arb-style probability math” may mean Bitcoin rallies to $92,000 following a Trump victory. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bernstein’s report is the latest in a series of bullish Bitcoin forecasts from institutional market researchers ahead of the November US presidential election and stated: “By 2024 end, we expect Wall Street to replace Satoshi as the top Bitcoin wallet.” Learn more about your ad choices. Visit megaphone.fm/adchoices

A unique Bitcoin price model called "Quantile Model" charts a potential $285,000 top for BTC in 2025. Learn more about your ad choices. Visit megaphone.fm/adchoices