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“Bitcoin Will Hit $5,000,000 By This Date” - Michael Saylor
Episode 1396
Published 2 years, 5 months ago
Description
Michael Saylor recently shared 3 catalyst which he believes will send the Bitcoin price to $5,000,000 per coin.
"1. Spot ETF approval - inevitable.
2. Banks custody and lend against Bitcoin as collateral - coming soon.
3. Fair value accounting rules from FASB - ✅ Approved this week.
I don’t know if they happen in 36 months or 24 months or 12 months but I’d be shocked if it’s more than 36 months and I hope it doesn’t happen in 12 months because my view is, the longer it takes the more progressive the grind, the more time I have to buy more of it.”
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