Michael Saylor, CEO of MicroStrategy, projected that Bitcoin could reach $10 million if corporate adoption continues. Speaking at the Bitcoin MENA and North Africa Conference, Saylor highlighted the role of public companies as key drivers in transforming Bitcoin into a multi-trillion-dollar monetary network. MicroStrategy recently acquired 10,624 Bitcoin for $906 million, increasing its total holdings to 660,624 Bitcoin, valued at approximately $49.35 billion. Saylor noted that 85% of Bitcoin is held in opaque wallets, underscoring the importance of corporate accumulation for Bitcoin to potentially scale to a $20 trillion market. He emphasized that corporations are no longer marginal players but are crucial in propelling Bitcoin's growth.
Michael Saylor Foresees Bitcoin Reaching $10M with Corporate Adoption
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